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RE: Well, this is a surprise... [burnsteem100]
Ah, ok. So they can trade it and deposit and withdraw other funds (inc. FIAT) but simply can't deposit and withdraw the coin itself?
Ah, ok. So they can trade it and deposit and withdraw other funds (inc. FIAT) but simply can't deposit and withdraw the coin itself?
Right. Exchanges usually handle deposits and withdrawals of coins independently of each other and can enable and disable them for a variety of reasons (suspicious activity, maintenance, hardfork, etc.). And usually trading happens internally to the exchange between individual accounts, from their POV whether a trade happens doesn't have to be tightly coupled to whether people move stuff onto or off of the exchange. They have fine-grain control over everything they do (it would be hard for them to operate as a mulit-currency exchange if they didn't since different conditions can affect different coins at different times).
0.00 SBD,
0.00 STEEM,
0.54 SP