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What is coin delisting and why does it happen?

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Indodax would like to inform all members about coin delisting in the world of digital assets. Coin delisting is a process in which a crypto (coin or token) is removed from trading platforms such as Indodax. The delisting decision is made after an in-depth evaluation and consideration of various factors, including safety, very low classified trading volume, the existence of legal cases, and the discretion and judgment of the management. One of the reasons for crypto delisting is due to requests from crypto developers, for example due to reasons of project termination. However, another more common cause is that the digital asset can no longer meet the various requirements of the crypto exchange.

While we understand that delisting can be disappointing for some members, this step is taken to ensure the quality and safety of the services we provide. If you have a coin that is about to be or has been delisted, we recommend that you immediately withdraw to a wallet or other platform that still supports the coin transaction.

 

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