Coindelta will delist GRS, ACT and ZEC

Rajdeep Singh
coindelta
Published in
2 min readJan 7, 2019

Hello everyone,

Since the beginning, we have kept our users’ interaction as the priority. We always wanted to focus on the user experience on Coindelta. Recently, we have seen liquidity problem in the Indian market as cryptocurrencies prices continue to fluctuate.

One of the solutions to the liquidity problem is to channelize all our resources on the notable cryptocurrencies and promising blockchain technologies.

To create a robust trading environment and offer the best trading experience to our users, we have decided to delist and cease trading for the below coins and tokens at Jan 10, 12:00 PM. The factors that helped us to take this decision are a demand among Indian traders, users feedback, liquidity in the Indian market and customers protection.

Groestlcoin (GRS)
Achain (ACT)
Zcash (ZEC)

Withdrawal of these coins and tokens will continue to support until Jan 31, 12:00 PM.

Delisting Arrangements
1. Deposit and trading closes: Jan 10, 12:00 PM
2. Withdrawal closes: Jan 31, 12:00 PM

Important Note:
1. The deposit, withdrawal and trading of the delisted coins/tokens will be closed precisely as scheduled above.
2. Once delisted, Coindelta will NO LONGER support their deposit, withdrawal or trading.
3. For your asset safety, the holders of these coins/tokens MUST finish withdrawal or trading as per the schedule, to avoid any unnecessary loss.

DELAYED WITHDRAWAL SUPPORT: Post Jan 31, 12:00 PM, you can only request withdrawal by sending an email to support@coindelta.com or by raising a ticket from our support page. This manual process might take up to 30 days.

Going forward, we thank you for your continued support and will continue to contribute to the Indian crypto ecosystem in the New Year.

Cheers,
Your friends at Coindelta

Risk Warning: Investing in cryptocurrency is highly risky. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. Cryptocurrencies are highly volatile and unregulated in India. Coindelta is not liable for investment gains or losses.

Update (Jan 10, 2019): The original article contained delisting announcement for NEO and GAS as well. NEO and GAS were later removed from the delisting announcement post the the users’ feedback.

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