Bittrex delists Bitshares October 2017

delloff (33)in #cryptocyrrency • 7 years ago (edited)

Bittrex announced that it will delist Bitshares on October 13th, 2017. This caused a significant price drop of BTS.

It is not completely clear why Bittrex decided to delist this coin, since its trading volume is way above the limit.

According to Bittrex Market Removal Policy all Bitshares holders have 14 days time to remove all their BTS coins from their wallets on the exchange.

#bitshares #news #trading #bittrex

7 years ago in #cryptocyrrency by delloff (33)

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vortac (60) 7 years ago

Well, the actual excuse in this case isn't clear, but underlying issues are crystally clear - centralized exchanges can do as they like with your money. They could have delisted BTS for the lulz, as far as we know, and nobody can stop them.

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2 votes

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johnsmith (64) 7 years ago

Bittrex is violating their own policy by delisting BTS. There are no regulatory or technical reasons to delist. Bitshares core devs have contacted Bittrex management directly and have not received any response.

But you know what? Good! Time to get your BTS to the Bitshares DEX where it is safe from idiots like these. No worries about not being able to withdraw, getting 'delisted', being hacked, etc.

Go to https://bitshares.org/ download the wallet and get your BTS out of Bittrex while you still can!

As an added bonus, once you get your BTS into the Bitshares wallet, you can keep trading BTS on the DEX with low fees, no risk and margin.

Here's a handy guide on how to get you BTS off of Bittrex:

https://steemit.com/bitshares/@nighthawk888/how-to-move-bitshares-off-of-bittrex

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