Altcoin News: Poloniex Delisting PASC, STEEM, NAV, GAME, LBC and CLAM

October 9, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

The Poloniex cryptocurrency exchange will soon delist Pascal (PASC), Steem (STEEM), Navcoin (NAV), GameCredits (GAME), LBRY Credits (LBC) and Clams (CLAM). This is stated in the letter sent to users of the exchange.

Trade-in all six cryptocurrencies will be suspended on October 15. The withdrawal of funds in LBC will be completely closed on October 28, in other cryptocurrencies mentioned on November 15.

The exchange does not explain the reasons for its decision, only noting that this is provided for by the delisting policy of its parent company Circle.

According to CoinMarketCap, Poloniex currently ranks 75th among all cryptocurrency exchanges in terms of the 24-hour adjusted trading volume. Nevertheless, for a number of assets, it was the main source of liquidity. Against this background, the Pascal rate has fallen by 60%, GameCredits — by 20%, LBRY Credits — by 15%, Clams — by 51%.

In August, Poloniex announced the delisting of 23 trading pairs with low trading volumes.

Author: Marko Vidrih