2024

Bitcoin

Status

<a href="https://bitcoinworld.co.in/coinbase-to-delist-the-status-snt-altcoin-from-its-platform-soon/" title="Coinbase To Delist The Status (SNT) Altcoin From Its Platform Soon" rel="noopener noreferrer nofollow"></a>
According to an official announcement, Coinbase will delist the <a href="https://www.coinbase.com/price/status" rel="noopener noreferrer nofollow">Status</a> (SNT) altcoin from its platform on February 23.
In its statement, Coinbase cited the reason for its delisting decision as the fact that it regularly checks whether altcoins comply with listing standards.&nbsp;
See Also: <a class="row-title" href="https://bitcoinworld.co.in/best-cryptos-to-buy-today-february-9-bonk-beam-sui/" aria-label="“Best Cryptos To Buy Today February 9 – BONK, BEAM, SUI” (Edit)" rel="noopener noreferrer nofollow">Best Cryptos To Buy Today February 9 – BONK, BEAM, SUI</a>
According to this statement, SNT no longer meets Coinbase’s listing standards.
In the statement, the date of stopping the trading transactions required for the delisting transaction in question was determined as approximately 22 February 2024 (UTC+3).
Following the development, there was a sudden decrease in the price of SNT. The altcoin lost approximately 3% of its value within minutes.&nbsp;
SNT, which has a market value of $150 million, was listed on major cryptocurrency exchanges such as Binance, OKX and Upbit, as well as Coinbase.
See Also: <a class="row-title" href="https://bitcoinworld.co.in/90-of-bitcoin-hodlers-in-profit-as-btc-price-rises-to-47k-amid-whale-accumulation/" aria-label="“90% Of Bitcoin HODLers in Profit As BTC Price Rises To $47K Amid Whale Accumulation” (Edit)" rel="noopener noreferrer nofollow">90% Of Bitcoin HODLers in Profit As BTC Price Rises To $47K Amid Whale Accumulation</a>
It is not clear exactly what caused Coinbase to delist this altcoin but speculation indicates non-compliance as the reason.
<blockquote>
 Disclaimer: The information provided is not trading nor financial advice. Bitcoinworld.co.in holds no liability for any trading or investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any trading or investment decisions.
</blockquote>
&nbsp;
#Binance #WRITE2EARN
The post <a href="https://bitcoinworld.co.in/coinbase-to-delist-the-status-snt-altcoin-from-its-platform-soon/" rel="noopener noreferrer nofollow">Coinbase To Delist The Status (SNT) Altcoin From Its Platform Soon</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

Coinbase To Delist The Status (SNT) Altcoin From Its Platform Soon

ItsBitcoinWorld

Other articles published on Feb 10, 2024

5 Reasons Why Terra Luna Classic (LUNC) Price Is Rising

Which Cryptocurrency to Invest in for February 2024? Here’s the New Crypto with a 100x Potential

Democratizing AI in Enterprises: Empowering Users with the Power of Technology

Top Crypto Exchanges Shun Super Bowl Ads

6 Best Cheap Crypto to Buy Now Under 1 Dollar February 10

GBTC Records Lowest Outflow Yet at $51.8 Million

Join our free newsletter for daily crypto updates!