Cryptocurrency Q&A
Do you lose your money if a crypto is delisted?
Do you lose your money if a crypto is delisted?
CryptoLord
Wed Jun 26 2024
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7 answers
1534
Hello, I'm curious about the implications of a cryptocurrency being delisted. Could you explain in simple terms what happens to investors' funds when a crypto asset is no longer listed on an exchange? Specifically, do investors lose their money? If so, is there any way to retrieve it? And if not, what are the steps investors should take to protect their assets in such a situation? Understanding these nuances is crucial for my investment decisions, so I appreciate your insight on this matter.
7 answers
Nicola
Fri Jun 28 2024
This shift signifies a transition from traditional exchange-based trading to a dealer network-driven approach.
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Valentina
Fri Jun 28 2024
For investors, the OTC model does not immediately result in a loss of capital.
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EmeraldPulse
Fri Jun 28 2024
However, the sentiment surrounding the assets begins to change as investors start to distance themselves.
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CryptoWizard
Fri Jun 28 2024
This gradual withdrawal of interest and participation from investors is often referred to as 'deserting' the assets.
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Martino
Fri Jun 28 2024
Following the delisting, the company has pivoted its trading operations to an over-the-counter (OTC) model.
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