Can exchanges win the test of faith? Now, how is it possible to grow so much in such a short period of time? I did not know that these coins would be delisted, my coins are gone now.
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The last one week has been a tumultuous one for the hodlers of the cryptocurrency known as Bytecoin BCN. This is because the digital asset was delisted by two prominent cryptocurrency exchanges in a very short time span that also resulted in the digital asset performing poorly in the markets. Plans of delisting them were announced on the 9th of October and trading was halted on the 12th. The delisting of Bytecoin by the two prominent exchanges has not gone unnoticed by the crypto community.
Many hodlers took to twitter to express their displeasure with the two events. One such tweet showed the obvious frustrations of the Bytecoin community as follows:. There are many big exchanges ahead, the main thing is not to give up!
Another hodler was shocked by the brief notice given by Binance. I did not know that these coins would be delisted, my coins are gone now. What about my money? We are in the process of active communication with the Binance representatives about the delisting situation. Bytecoin should proceed its trading on Binance without any issues, and we are trying to come to an agreement as soon as possible.
We will keep you updated during the day. BCN a top 10 coin?! What did you think would happen once Binance re-enabled deposits they did btw?
The price jump was unnatural and unsustainable. I mean come on, if you want to lose money, go gamble at a casino. Listing Bytecoin on Binance caused a surge in traffic slowing down the network so far as to halt BCN withdrawals.
It will be restored shortly. Binance listings lead to strong price surges on Binance and on other exchanges. Although, the withdrawal capability freeze from network overload creates imbalance such that Binance listing is much greater than other exchanges. She has been researching and writing about the Blockchain technology for a year now. Her passion for blockchain has led her to be a part of AMBCrypto's news reporting team. She does not hold value in any cryptocurrencies currently.
Can exchanges win the test of faith?