Personal Privacy Coins Targeted: Bittrex to Delist Monero, ZCash, and Dash

Just a couple of days after revealing the delisting of Ripple (XRP) following the SEC charges, Bittrex has added 3 more coins to the list of removals. Remarkably, they are all so-called security tokens– Monero (XMR), Dash (DASH), and ZCash (ZEC).

  • The Seattle, Washington-based cryptocurrency exchange stated in a statement earlier today that it will remove Monero, Dash, and ZCash from its worldwide platform.
  • The company will stop trading for these markets: BTC/XMR, ETH/XMR, USDT/XMR, BTC/ZEC, ETH/ZEC, USDT/ZEC, USD/ZEC, BTC/DASH, ETH/DASH, USDT/DASH, and USD/DASH.
  • Following the marketplace eliminations, Bittrex will offer its users with as much as 1 month to withdraw the delisted tokens. Nevertheless, the business alerted that the withdrawal duration might be shortened in “specific instances.” Subsequently, the exchange advised its clients to withdraw the tokens as soon as possible.Today’s announcement comes just days after the trading venue said it will delist Ripple’s native cryptocurrency (XRP ). Nonetheless, there’s one significant distinction between the 2 statements.The SEC brought charges against Ripple declaring that the payment processor has performed a$1.3 billion unregistered security offering. As an outcome, numerous crypto exchanges decided to remove the XRP token from their respective platforms.While that appeared reasonable to an extent, Bittrex has failed to supply any specific reasons why it has decided to delist 3 of the earliest and most popular cryptocurrencies– Monero, ZCash, and Dash. It deserves noting that all 3 security tokens have plummeted since the announcement. In a matter of minutes, Monero went from$169 to$155, Dash from$102 to $95, and ZCash dropped from$67 to$ 60.
  • XMR/USD, ZEC/USD, DASH/USD. Source: TradingView Enjoy reading? Please share: SPECIAL DEAL(Sponsored)Binance Futures 50 USDT FREE Coupon: Use this link to sign up & get 10%off charges and 50 USDT when trading 500 USDT( minimal deal). PrimeXBT Unique Offer: Utilize this link to sign up & go into CRYPTOPOTATO35 code to get 35%complimentary bonus offer on any deposit as much as 1 BTC.You Might Likewise Like
    : Published at Fri, 01 Jan 2021 19:19:28 +0000

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