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RE: SPUD7 - STEEM ON!

in #spud7 • 5 years ago

Nice one on the power up and great to see you're back in full swing with your account after what happened.

I believe Poloniex is shutting down for good so it's not just STEEM that's going but the whole shebang so get out whatever you can while you can!

All the best for dolphin hood next month, I'll be waiting for you :)

5 years ago in #spud7 by
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     5 years ago 

    @nickyhavey -thanks for stopping by! And from what I have read Poloniex "did a spin-off" from Circle and will rebrand as Polo Digital Assets, Ltd.
    They delisted Steem:

    Per the announcement, trading of PASC, STEEM, NAV, GAME, LBC and CLAM will be disabled on Oct. 15. LBC withdrawals will be permanently disabled on Oct. 28. Lastly, PASC, STEEM, NAV, GAME and CLAM withdrawals will be permanently disabled on Nov. 15.

    And they kicked out US customers:

    Poloniex is no longer accepting US customers and from tomorrow will not allow US residents to execute trades.

    The reason for this decision is not too clear, but the US based crypto exchange is spinning out of Circle to Polo Digital Assets “with the backing of a major investment group,” they say.

    “In order to be competitive in the global market, we will not be able to include US customers in the spin out, so Circle will be winding down operations for US Poloniex customers,” the crypto exchange said before adding:

    “Beginning today, US persons will no longer be able to create new accounts on Poloniex. Starting on November 1, 2019, US customers will no longer be able to execute trades on the exchange.

    When trading ends, US customers will still be able to withdraw their assets through Circle until at least December 15, 2019.”

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       5 years ago 

      Interesting but pretty sad seeing as USA is not a small country population wise! Lot of people to turn away from crypto right there.

      It must be SEC related no?

      Posted using Partiko Android

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