Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LUX] Luxcore — New RX2 Algorithm — Empowering People!
by
Luxcore
on 28/06/2021, 18:29:19 UTC
Unfortunately, Coinbene has decided to de-list LUX (and some other projects) due to recent lack of trading volume. High trading volume is how exchanges make their money (after list fees of course).

We have reached out to Coinbene to discuss options and appeal their decision. Coinbene wasn't pushing LUX's price or trading volume to CoinMarketCap, so even though it was the largest liquid exchange for LUX, it wasn't doing LUX many favors gaining new investors. While we hope Coinbene reverses their decision, for now we would encourage the community to use TradeOgre or Bilaxy for trading LUX. TradeOgre has been a very reliable exchange with a low withdrawal fee and lots of positive feedback from the community.

Additionally, we plan to launch WLUX soon on Uniswap and other decentralized ETH exchanges, and down the road Luxgate will offer even more decentralized ways to trade LUX.

For now, Coinbene has told users to withdraw coins before 18:00 (GMT+8) on July 28, 2021. If you hold any LUX on Coinbene, we recommend you withdraw those to a wallet you control or move them to another exchange.

Thank you for your understanding!