Poloniex, a major cryptocurrency exchange, has announced that it will cease all transactions for an altcoin from November 24. The announcement came in the midst of mass delist decisions.
Poloniex has decided to delist this altcoin
The popular exchange is halting all transactions for BEP20 (BSC) stablecoins from November 24. These cryptocurrencies will include the market’s largest stablecoins. The exchange will no longer allow USDT, USDC, TUSD and BUSD transactions over BEP20.
Poloniex is completely suspending withdrawals and investments for BEP20 (BSC) stablecoins. Exchange users will have to use the ERC20 and TRC20 networks from November 24. Exchange executives said this move encourages “to offer equivalent multi-chain solutions for stablecoins.” As Kriptokoin.com, we will be conveying the next details.