Post
Topic
Board Trading Discussion
Re: Bittrex is removing a lot of coins
by
betlord90
on 20/03/2018, 14:30:12 UTC
It is a fair move. It can be expensive to run the right infrastructure per coin and you would start to incur losses with low volume and especially on coins with broken blockchains.

I think it only makes sense for Bittrex to removed coins that are not performing well. And this is no big issues, other exchanges also do it. I remember has last year there are some big exchanges who removed or delisted a lot of coins.

The only drawback I heard then is that exchanges didn't informed dev right away, that's why most of them are caught unaware of the said actions and most of them are arguing that they are still doing development at the background that's why the project seems to be quiet.
Of course the bittrex has done a very mature analysis and thought. Removing the coins from the list they have there must be a very strong reason. Most are coins that are not developed yet, although Bittrex is known as a tightly qualified exchange to include the d exchange list, but we do not know when a coin will experience a decrease in performance. This is something reasonable and Exchange Bittrex has started to remove coins that do not have the potential for the future.

One of the strongest reason is they doesn't have any good volume to support their trading ecosystem that's why bittrex management look them as nuissance coin that needed to be delisted for trading at ease reason. And one of the reason why coins get poor performance is due to the dev's fault upon poor supportin on their coins and also the dev scamming reason.