Coinspot delisting announcemet

Discussion in 'Digital Currencies' started by REDBACK, Aug 24, 2020.

  1. REDBACK

    REDBACK Well-Known Member Silver Stacker

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    Monero
    Komodo
    Bytecoin
    ZCoin
    Delsting on 31st August 2020
     
    Stoic Phoenix likes this.
  2. Andy28

    Andy28 Well-Known Member

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    Wow ive been out of the loop for a while, what happened to Monero? That was pretty major for a while?
     
    kilo likes this.
  3. dozerz

    dozerz Well-Known Member Silver Stacker

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    probably privacy issues, almost impossible to track and the coin of choice for the darkweb.
     
    REDBACK likes this.
  4. Andy28

    Andy28 Well-Known Member

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    Wasn't / Isn't that the whole point though?
     
  5. dozerz

    dozerz Well-Known Member Silver Stacker

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    assume coinspot would have some reporting obligations, privacy coins make that difficult along with proof of wher the funds originated from. many other larger exchanges have delisted monero for the same reason.
     
    REDBACK, kilo, mmm....shiney! and 2 others like this.
  6. REDBACK

    REDBACK Well-Known Member Silver Stacker

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    [​IMG]
    Australia's most popular cryptocurrency exchange.
    Operating Since 2013.
    We have had to make some necessary changes to some assets on our platform.
    [​IMG]
    Delisting Announcement
    Regulatory updates from industry service providers regarding the below privacy coins have unfortunately made it unworkable to continue trading these assets. As a result, the below coins/tokens will be removed from trading as of 31 August 2020.

    Monero (XMR)
    Komodo (KMD)
    Bytecoin (BCN)
    ZCoin (XZC)

    We understand that this may create an inconvenience for our members and as such:
    • CoinSpot will not sell or trade your assets without your consent.
    • Withdrawals will remain enabled and holders of the above coins/tokens will not be required to withdraw their holdings by a particular deadline.
    Members will be unable to Deposit, Buy, Swap these assets as of 31 August 2020 at 8:00 PM AEST.
    CoinSpot will always endeavour to publish its intention to delist a coin/token and provide a sufficient time frame before this will apply. Delisting notices will appear on the CoinSpot website and all affected users will be notified.
    If you have any questions about this please let us know.
     
    kilo likes this.
  7. kilo

    kilo Well-Known Member Silver Stacker

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    So what now, XMR has been a predictable performer over the last few years. Surely delistings kill monero?
     

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