Poloniex official Twitter account stated about plans of delisting 9 digital assets, including FLO, FLDC, XVC, BCY, NXC, RADS, BLK, PINK, and RIC.
Please finalize all trades and close any positions in these assets prior to August 2nd. Once delisted, you will have 30 days to withdraw any balances in these assets. For more information, please visit https://t.co/zYwjRBk1BG
— Poloniex Exchange (@Poloniex) July 26, 2018
This decision is due to the fact that some assets don’t meet the requirements of the Circle Asset Framework, which is yet to implement into the platform. The crypto exchange recommends its users to finalize all the transactions before August 2 and withdraw the balances before September 2.
All the abovementioned tokens dropped in price after the announcement. The drop varies from 20% to 80% of the price. There are some comments that show a great disappointment about the announcement.
— Secrets (@SecretsOfCrypto) July 26, 2018
Polo is a joke. They delist good coins and keep their insider trading shit like XBC. This is why I tell everyone to avoid this shady crap exchange. Not being listed there is a plus.
— SmileyGnome (@SmileyGnome) July 26, 2018
15 minutes in: Rekitty Rekt! pic.twitter.com/AZnRWUzObd
— Fog Thrower (@NebelwerferEins) July 26, 2018
close my account ain't login again!
— Stormspirit (@kiflica86) July 26, 2018
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