Cryptocurrency exchange backed by market leaders such as Citadel Securities, Fidelity Investments, Charles Schwab and Paradigm “EDX Markets (EDXM)” He delisted Bitcoin Cash.
BitcoinCash EDXM, which has terminated its support, can be found on its home page. BCHHe deleted .
After the exchange ended its BCH support, it was the only cryptocurrency supported by the exchange. Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) It’s left.
EDXM CSO Jeanine Hightower-Sellitto In a statement to Digital Asset, he confirmed EDXM’s delist status by announcing that it no longer offers support for Bitcoin Cash.
When asked about the reasons and timing behind the BCH decision, EDXM CSO refrained from giving a detailed answer, pointing to regulations regarding cryptocurrency offerings on the exchange’s page.
As you may recall, when EDXM was launched in August, it was stated that the platform chose to list only a few cryptocurrencies due to regulatory issues.
Stating that at this point, cryptocurrencies that are not considered securities by the SEC will be included, EDXM stated that in this context, only B.itcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) announced that it would offer trading services.
While EDXM’s delisting of BCH has caused the cryptocurrency community to speculate about the reasons behind the delisting decision at this point, the community is also waiting for more details and explanations from EDXM about why Bitcoin Cash was delisted.
While Delist news usually brings a decrease in the price of the relevant altcoin BitcoinCash The situation was not the same for . Because, despite the delist news, BCH has increased by 1.3% in the last 24 hours and continues to be traded at $ 243 at the time of writing.
*This is not investment advice.
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