Why a coin is delisted?

Coin delisting is a process where a cryptocurrency exchange decides to remove a particular digital asset from its trading platform.

The impact of delisting on coin prices can be significant. Once a coin is removed from an exchange, its liquidity diminishes, making it harder for investors to buy or sell. This can lead to a sharp drop in price.

BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options. Despite providing a comprehensive platform, BTCC may also delist coins based on the aforementioned criteria, ensuring that only viable and compliant digital assets are available for trading.

This action can be initiated due to various factors, one of which is regulatory issues. When a cryptocurrency faces scrutiny or bans from regulatory bodies, exchanges often delist it to comply with legal requirements and protect their users.

Another reason for delisting is low trading volumes. If a coin fails to attract sufficient trader interest, exchanges may decide to remove it to streamline their offerings and focus on more popular assets.