Cryptocurrency Q&A
Do you lose your money if a coin is delisted?
Do you lose your money if a coin is delisted?
Sara
Thu Jun 13 2024
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7 answers
1724
Hello, could you please clarify something for me? I've been hearing rumors that if a coin gets delisted from an exchange, investors will lose all their money. Is that true? I'm really worried about my investments, especially those in lesser-known coins. Could you explain what happens to the value of those coins when they're delisted? And is there anything investors can do to protect their assets in such cases? Thank you for your help!
7 answers
DigitalLegend
Fri Jun 14 2024
The hard-earned money invested by retail investors, who may have believed in the asset's long-term potential, is often at risk of significant losses.
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Caterina
Fri Jun 14 2024
Delisting is often a crucial turning point for crypto assets, often leading to significant value erosion.
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ZenHarmonious
Fri Jun 14 2024
Post-delisting, the asset often experiences a sharp decline in value, triggered by a surge in selling pressure and a dearth of buying interest.
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DigitalDynastyQueen
Fri Jun 14 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services that cater to diverse investor needs.
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Martina
Fri Jun 14 2024
Its services include spot trading, futures contracts, and wallet solutions, providing investors with convenient and secure access to the crypto market.
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