At Cointree, we are continuously reviewing the coins listed on our exchange to ensure that they meet the necessary requirements for our trading platform. Occasionally, when a coin no longer meets these requirements, we delist them from our exchange. We always make this decision with the best interest of our users in mind.
The criteria we use when deciding whether to delist a coin include, but are not limited to:
- Low trade volume on the exchange
- Compromised network security that presents liability for Cointree and its customers
- Deteriorating developer support for the project
- Prohibitive cost to upgrading and/or continuing to support the project
- Lawsuits, enforcement actions or other legal issues that the project faces
Based on our most recent reviews, the following coin will be delisted from Cointree immediately:
- SPELL (Spell Token)
Whilst trading has been disabled immediately, withdrawals to an external wallet remain available until 10th March 2022.
If you have any questions about this delisting, please contact our support team.
We thank you for your cooperation as we evolve with the growing cryptocurrency ecosystem.
The Cointree Team