Bittrex, a major US-based cryptocurrency exchange, has announced plans to
remove a total of 82 altcoins from its listings by March 30. The platform stated
that it has flagged and warned on these coins as users will no longer be able to
withdraw any of the delisted tokens if they were left in accounts at the end of the month.
Learn how to buy Bitcoin and Ethereum safely with our simple guide!
The majority of the delisted altcoins had broken blockchains, were abandoned by
developers, or were designed as scams or pump and dump schemes. In addition,
some of the digital currencies slated to be removed from Bittrex had poor liquidity
on its platform. As new coins emerge, old and abandoned coins are removed from
exchanges to cleanup their listings, as well as to protect users from
purchasing dying or scam assets.
Given that most of the coins being delisted on the exchange had broken blockchains,
refunds would be impossible. Bittrex will make no exceptions for further funds remaining
at the time of execution.
For some of the coins and wallets, Bittrex cited the “broken blockchains or wallets that
will not allow withdrawals” as a reason refunds will be unavailable.
Bittrex explained in its statement: “Occasionally, there are circumstances that lead
Bittrex to remove a coin’s wallet or market from the Bittrex Exchange.
These actions are taken to ensure customers have access to digital tokens that
continue to meet our strict coin listing criteria and have a properly functioning
blockchain and wallet.”
Here is a list of the tokens to be removed from Bittrex: