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BitcoinSistemi 2025-02-21 09:12:09

Bitcoin Exchange Bithumb Announced That It Has Delisted These Two Altcoins! Here's Why

Bitcoin Exchange Bithumb Announced That It Has Delisted These Two Altcoins! Here's Why

Bithumb, one of the leading cryptocurrency exchanges in South Korea, announced the delisting of Valor (VALOR) and Bitcoin Gold (BTG) as part of its investor protection policies. Bithumb to Delist Valor (VALOR) and Bitcoin Gold (BTG) Tokens The exchange noted that both assets failed to meet listing maintenance standards, leading to the termination of support for trading and withdrawals. Bithumb stated that the documentation provided by the Valor Foundation was insufficient to address concerns regarding the utility and disclosures of the token. After conducting a comprehensive review, the Exchange has determined that VALOR no longer meets the criteria for continued trading support. Bitcoin Gold (BTG) has been delisted following a decision by the Digital Asset eXchange Alliance (DAXA), a consortium of South Korean exchanges responsible for monitoring asset risks and investor protection. Bithumb announced that concerns regarding BTG’s sustainability and operational transparency led to its removal from the platform. Dates of Delist Transaction (Buy/Sell) Ends: March 24, 2025, 15:00 Withdrawal Support Ends: April 23, 2025, 15:00 Important Notes for Users All unfilled buy and sell orders will be automatically canceled after being removed from the list. API trading for both tokens will also be suspended. Users who wish to withdraw their tokens must register a whitelisted wallet address beforehand as the review process may take time. Holding delisted tokens beyond the withdrawal deadline may result in losses due to lack of technical support or potential price drops on other exchanges. Bithumb reminds users that investing in cryptocurrencies carries significant risks, including the possible loss of all or part of capital. *This is not investment advice. Continue Reading: Bitcoin Exchange Bithumb Announced That It Has Delisted These Two Altcoins! Here's Why

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