If you have a cryptocurrency, but you cannot sell it, because this cryptocurrency blocked deposits on all listed exchanges ( detail the withdrawals are enabled )
the reason for the deposit block is a request from the cryptocurrency project team itself, for "investor safety" reasons. but the blockchain has not been stopped and the transfer from wallet to wallet is normally working!
this is cause for suspicion of the right project?
I'm here asking, because I don't want to see meaningless answers from the project team, they don't know how to answer that question.
if anyone here is curious to know what project it is, it is NRG
Here are few things that can cause this type of problem in a coins life
1. Ongoing maintenance
2. Upcoming Separate blockchain
3. Normal system upgrade
4. Change of Algorithm
No cause for alarm here at all, I suggest you should have patience, things will be back to normal later
Agreed. I have Energi $NRG too on my wallet. As long as there is enough liquidity in the market and the devs are consistently developing the project then there's nothing to worry about.
@OP just relax and don't be nervous. By the way do you already talk to the team about maintenance? I didn't join on discord since I don't like that app. I'm just subscribed to their telegram channel don't have any announcements regarding maintenance.