Poloniex is beginning the process of delisting Steem (STEEM).
Poloniex delisting #Steem (STEEM)
I was scanning my news feeds earlier and came across this news that I thought I would share with you for those that may have missed it.
Poloniex is beginning the process of delisting Pascal (PASC), Steem (STEEM), Navcoin (NAV), GameCredits (GAME), LBRY Credits (LBC), and Clams (CLAM). Here are some important dates to keep in mind:
- October 15th at 16:00 UTC: trading of PASC, STEEM, NAV, GAME, LBC and CLAM will be disabled
- October 28th at 16:00 UTC: LBC withdrawals will be permanently disabled
- November 15th at 16:00 UTC: PASC, STEEM, NAV, GAME, CLAM withdrawals will be permanently disabled
If you own any of the above assets, please withdraw them as soon as possible. Once the withdrawal deadline has been reached, withdrawals will be disabled and the delisted assets will be decommissioned. From that point forward, we will be unable to process withdrawals of the impacted assets. For more information about our delisting policy, please visit our Support Center article. We greatly appreciate your support.
Posted by The Poloniex Team at 2019-10-08 21:02:01
Credit: The Poloniex Team
Thanks again for reading.
Stephen
Don’t they hold a lot of steem? 😳
Posted using Partiko iOS
I believe so!
It's what their intentions is with their #Steem is my concern.
The concern I have always had is that Poloniex was essentially a Market Maker and holds millions of #Steem on their books.
If they decide to dump this on the Market it would be a blood bath!
I have been banging my head against a brick wall for months that I strongly believe the concentration of the technicals has been made at the sacrifice of the commercials.
If this concern materialises then I fear the worse.
Stephen
Shessssh! Let’s see what happens 🤷🏼♂️
Posted using Partiko iOS
Smh I remember starting with Steem on Poloniex back in Trollbox days..
6cents here we come!
Second de-listing to occur, must be they aren't seeing any positive growth to occur that'd make it worth any fees involved to be paid.
Looks like an exchange that's going to steal BTC and other currencies and will shur down. I believe I see BTC/USDT 296 trading movement for BTC. That's an exchange that nobody is using.... Not worried about that..... My two cents, get into the top 50 on trading BTC and I could take this exchange serious...
Posted using Partiko Android
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