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, Verge (XVG) will be delisted from Cointree on 15 June 2022.
While trading has been disabled immediately, withdrawals of your XVG balance to an external wallet address are available and will be processed on Fridays up to 15th July 2022.
If you wish to give Cointree approval to send your balance to an external wallet, please complete this form by no later than 14th July 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.
Regards,
The Cointree Team
We thank you for your cooperation as we evolve with the growing cryptocurrency ecosystem.
Regards,
The Cointree Team