How does a cryptocurrency get delisted based on its price?

3 answers

• Nov 26, 2021 · 3 years ago
  When it comes to delisting a cryptocurrency based on its price, there are several factors that exchanges take into consideration. Firstly, if a cryptocurrency's price drops significantly and consistently over a period of time, it may be seen as a sign of lack of interest or potential market manipulation. Exchanges want to maintain a certain level of credibility and avoid listing coins that are deemed risky or unstable. Additionally, if a cryptocurrency's price falls below a certain threshold, it may no longer meet the minimum trading volume requirements set by the exchange. This can make it less attractive for traders and result in the coin being delisted. Finally, if a cryptocurrency's price experiences extreme volatility or sudden price spikes, it can also raise concerns for exchanges as it may indicate market manipulation or other irregularities. In such cases, the exchange may choose to delist the coin to protect its users and maintain market integrity.
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• Nov 26, 2021 · 3 years ago
  Delisting a cryptocurrency based on its price is a decision made by the exchange itself. Each exchange has its own criteria and guidelines for delisting coins. While price is an important factor, it is not the sole determinant. Exchanges also consider other factors such as trading volume, market capitalization, project development, regulatory compliance, and community support. It is important for exchanges to ensure that the listed cryptocurrencies meet certain standards and are aligned with their overall business objectives. Delisting a cryptocurrency can have a significant impact on its liquidity and reputation, so exchanges carefully evaluate the risks and benefits before making such a decision.
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• Nov 26, 2021 · 3 years ago
  From BYDFi's perspective, delisting a cryptocurrency based on its price is a measure taken to protect our users and maintain a healthy trading environment. We closely monitor the price movements of listed cryptocurrencies and assess their overall performance. If a cryptocurrency's price consistently drops below a certain threshold and shows no signs of recovery, we may consider delisting it. This is done to prevent potential losses for our users and to ensure that we only list coins that have a certain level of stability and market demand. Delisting is not a decision we take lightly, but it is necessary to maintain the integrity of our platform and protect the interests of our users.
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