Post
Topic
Board Altcoin Discussion
Re: when an exchange kills a coin, it should follow a protocol
by
akd
on 28/05/2014, 17:31:28 UTC
a good solution would be for an exchange to have
an automatic payout in the case they do delist a coin,
user's simply add that when they are depositing coins.

VERY good suggestion.

And to make it simpler, a few defaults for recipient addresses in case of delisting:
  • When I have deposited coins into the exchange, the sending address is stored (*)
  • My last withdrawal address is always the one that would be used
  • when I buy a new coin at an exchange, that coin is listed in my TODO list = I need to provide a fallback address

Only the last case really needs action from my side then.

(*) can cause problems if that was a mining pool, or another exchange.