Upbit Will Delist Some Altcoins

Upbit will delist some altcoins. Crypto exchange Upbit will not support 24 altcoins.

South Korea-based Upbit, one of the world's well-known cryptocurrency exchanges, warned about 25 cryptocurrencies last week and announced that these cryptocurrencies could be removed from the list after review. Upbit said that, in general, the warning was given because the projects were insufficient in terms of team competence and activity, information sharing and communication, technical competence, and liquidity. In the evaluation made after a week, it was decided to remove the 24 cryptocurrencies of those 25 from the platform, except for one. Currently, BASIC will not be removed from the list, while trading support for 24 other assets will be terminated until June 28, 2021.

Assets that will be removed from the list are:

Komodo (KMD), AdEx (ADX), LBRY Credits (LBC), Ignis (IGNIS), DMarket (DMT), Einsteinium (EMC2), 12SHIPS (TSHP), Lambda (LAMB), Endor (EDR), PIXEL (PXL) , Pica (PICA), ReddCoin (RDD), RINGX (RINGX), Vite (VITE), ITAM (ITAM), SysCoin (SYS), Nxt (NXT), BnkToTheFuture (BFT), Nucleus Vision (NCASH), Fusion (FSN) ), Plian (PI), Ripio Credit Network (RCN), Propy (PRO), Aragon (ANT). It was also stated that users holding any of these assets in their Upbit accounts can withdraw their assets until July 19, 2021.