Delisting of 7 cryptocurrencies from Young Platform and Young Platform Pro

Some cryptos will no longer be available as of 28 April. Here is how the delisting works and why it is good news

Young Platform’s objective is to create a bridge between traditional and decentralised finance, following the core principles of compliance and security, to the fullest extent possible and in the spirit of user protection.

This is why the team has always carefully selected the cryptocurrencies and projects to be included in the exchange’s offerings. However, the market changes, and over time some projects stop developing their protocols for different reasons, while others change direction. At the same time, governments are outlining new regulations that modify the limits within which services like exchanges can act.

That’s why Young Platform is updating its offer accordingly, to continue to guarantee a quality service. Thus, the parameters used for the due diligence of listed or to-be-listed cryptocurrencies have changed, raising the standards.

As an immediate consequence, some currently listed cryptocurrencies do not pass the new requirements and must therefore be removed from the exchange. These are specified below.

On Young Platform and Young Platform Pro:

• DASH
• XTZ

On Young Platform Pro:

• STORJ
• ANKR
• KNC
• REPV2
• GNO

How does the delisting work?

Delisting consists of blocking all cryptocurrency transactions except withdrawal, so that you can move your tokens or coins to external wallets.

To facilitate this, the minimum amounts required to withdraw these cryptocurrencies to other wallets have been lowered, as follows:

• DASH: from 0.086176 to 0.004
• XTZ: from 4.8948 to 0.8
• STORJ: from 15.336 to 8.6
• ANKR: unchanged
• KNC: 6.5789 to 4.67
• REPV2: unchanged
• GNO: 0.0454 to 0.03

On 28 April at 1 pm UTC, it will no longer be possible to deposit, buy and sell these cryptocurrencies, furthermore all limits and stop orders on the Pro exchange will be cancelled for the above-mentioned cryptos.
If you have any questions or needs, please contact the Support team.

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