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Author Topic: Bittrex will be delisting monero (XMR), zcash (ZEC) and dash (DASH)  (Read 6993 times)

Offline fallenangel1789

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U.S. cryptocurrency exchange Bittrex will be delisting the privacy coins on January 15. I suppose other exchanges will not follow Bittrex. I hope They will not be another XRP.


Announcement: https://bittrex.zendesk.com/hc/en-us/articles/360054393492-Pending-Market-Removals-01-15-21

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Offline highnayem34

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Re: Bittrex will be delisting monero (XMR), zcash (ZEC) and dash (DASH)
« Reply #1 on: January 02, 2021, 06:33:10 AM »
U.S. cryptocurrency exchange Bittrex will be delisting the privacy coins on January 15. I suppose other exchanges will not follow Bittrex. I hope It will not be another XRP.
Hmm this will be another worst day in cryptocurrency. I witnessed Zcash & Xmr price increase as well as market demands in 2017. But it's not only Bittrex, some other exchanges will be delist this shitcoin. Because their is no usecase can be achievable with this coin.
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Offline masterrex

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Re: Bittrex will be delisting monero (XMR), zcash (ZEC) and dash (DASH)
« Reply #2 on: January 02, 2021, 10:31:56 AM »
U.S. cryptocurrency exchange Bittrex will be delisting the privacy coins on January 15. I suppose other exchanges will not follow Bittrex. I hope They will not be another XRP.


Announcement: https://bittrex.zendesk.com/hc/en-us/articles/360054393492-Pending-Market-Removals-01-15-21

That was expected because of the SEC pressures from those platforms that were based in the US territory, the Monero's privacy-centric features were considered by US SEC and other agencies as a potential threat to their operation because of its superb privacy function. and we are not surprised if many other exchanges will follow that move sooner or later.

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Re: Bittrex will be delisting monero (XMR), zcash (ZEC) and dash (DASH)
« Reply #3 on: January 02, 2021, 10:48:50 AM »
They wrote about the fight against confidential coins for a long time, but apparently now the governments have decided to act more decisively and require delisting from the exchanges. If so, then we may soon see the delisting of these coins on all exchanges registered in the USA jurisdiction.

Offline Andruha1993

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Re: Bittrex will be delisting monero (XMR), zcash (ZEC) and dash (DASH)
« Reply #4 on: January 02, 2021, 12:53:13 PM »
It was a real shock for me and I was very surprised. I have no idea what will happen next. And what will happen to these coins, it's good that I never kept them in my portfolio.
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Offline bigcash2011

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Re: Bittrex will be delisting monero (XMR), zcash (ZEC) and dash (DASH)
« Reply #5 on: January 02, 2021, 02:47:32 PM »
There is high chance of dump in prices of all these 3 privacy based coins, it seems like bittrex is trying to go extra mile to stay safe and compliant with regulators as governments and regulators do not like privacy based coins and there is high chance they will be banned or atleast announced to be illegal and exchanges can move to delist them due to this.

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Re: Bittrex will be delisting monero (XMR), zcash (ZEC) and dash (DASH)
« Reply #6 on: January 02, 2021, 02:50:03 PM »
What does this mean, Could it be that delisting of 3 coins from Bittrex will affect the price of these 3 coins, or is there even another Crypto exchange that will erase the 3 coins.  Honestly I was surprised by this news, I hope all will be well.

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Re: Bittrex will be delisting monero (XMR), zcash (ZEC) and dash (DASH)
« Reply #6 on: January 02, 2021, 02:50:03 PM »


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Re: Bittrex will be delisting monero (XMR), zcash (ZEC) and dash (DASH)
« Reply #7 on: January 02, 2021, 02:58:33 PM »
It is a direct attack on anonymous currencies. It looks like the SEC is going to extend its claws beyond XRP. I hope not all exchanges do the same. If all XMR, DASH and ZEC holders sell their bags those 3 markets will collapse, if they do (I would not like) at least I would like that money to enter other good coins/tokens.
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Re: Bittrex will be delisting monero (XMR), zcash (ZEC) and dash (DASH)
« Reply #8 on: January 02, 2021, 03:12:26 PM »
I do not expect these three coins to be removed from the trading list of other exchanges, late 2020 and early 2021 there is a lot of news about xrp and now these three coins, could there be more news in the future?
I hope the prifasi coins are not removed for fear of regulations from government agencies, we are in the world of crypto and privacy coins are still the choice of many people today because anonymous users still want a transaction system that cannot be tracked for certain purposes.
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Re: Bittrex will be delisting monero (XMR), zcash (ZEC) and dash (DASH)
« Reply #9 on: January 02, 2021, 05:05:50 PM »
@Ghozrd in this case the problem is the SEC, if the SEC starts suing the exchanges (from USA) that work with anonymous currencies, those currencies must be eliminated preventively at least until the courts order it. If after the processes there are no legal problems they can be listed again.
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Offline Istiak

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Re: Bittrex will be delisting monero (XMR), zcash (ZEC) and dash (DASH)
« Reply #10 on: January 02, 2021, 05:36:39 PM »
They have done that after seeing a security issue with XRP. SEC could change all those coins too and not only those there are many other popular CMC coin that is a privacy coin and could be in the ban list. But if there is not any problem with them maybe they will list those coins again.
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Re: Bittrex will be delisting monero (XMR), zcash (ZEC) and dash (DASH)
« Reply #11 on: January 02, 2021, 06:00:39 PM »
Even if they haven't received any notification from the SEC or the courts, Bittrex can remove those pairs to prevent potential lawsuits or bigger issues until things are sorted out. In fact, I think it's okay for them to do it the way they are doing and not have worse problems.
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Offline Evgenklm

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Re: Bittrex will be delisting monero (XMR), zcash (ZEC) and dash (DASH)
« Reply #12 on: January 02, 2021, 06:35:52 PM »
There is a certain pressure from the SEC, probably exchanges somehow guess the next steps of the regulator, and those coins and projects that the SEC wants to bring charges in the future.
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Offline TomPluz

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Re: Bittrex will be delisting monero (XMR), zcash (ZEC) and dash (DASH)
« Reply #13 on: January 03, 2021, 03:35:33 AM »
U.S. cryptocurrency exchange Bittrex will be delisting the privacy coins on January 15. I suppose other exchanges will not follow Bittrex. I hope They will not be another XRP.

We could not blame USA-based exchanges to be taking the influence of the government as they can never do business while in opposition to it, no matter how wish this is not true. The government can use its full power to make anybody in the USA bend their knees. When things can be tremendously affecting one's business, there is no choice but to follow rules, regulations and policies set by the government. No wonder that Bittrex is now closing its doors to private coins and XRP. With the coming Biden administration, we should expect more regulations in placed for the whole cryptocurrency industry.

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Re: Bittrex will be delisting monero (XMR), zcash (ZEC) and dash (DASH)
« Reply #14 on: January 03, 2021, 04:23:43 PM »
U.S. cryptocurrency exchange Bittrex will be delisting the privacy coins on January 15. I suppose other exchanges will not follow Bittrex. I hope They will not be another XRP.


Announcement: https://bittrex.zendesk.com/hc/en-us/articles/360054393492-Pending-Market-Removals-01-15-21

Yeah, I've read this news about what Bittrex did to Ripple, also Binance was suspending the deposit and withdrawal too
into XRP as well, I do hope so that the other exchange was on top in the market, will not do the same thing as what this two platform did into Ripple.
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