As a professional digital asset exchange, COINEGG is committed to providing a robust trading environment for users. To protect the interests of users and promote the sustainable development of the blockchain industry, we will track and observe the performance of all the listed projects. For those underperforming token projects/trading pairs, CoinEgg reserves the right to delist or hide them. The hidden tokens will not be shown in the home page. The trading of hidden tokens will be still available while those tokens can only be found by searching or in the Exchange Account.
Token Delisting/Hiding Policy
Token delisting / hiding decisions are based on, but not limited to the following rules:
1. Project and Team
Major changes in project team, product or business model without notifying CoinEgg in advance for reviewing; transfer or sell the project. CoinEgg reserves the right to delist or hide the token.
The information of project team is heavily fraudulent or the team is suspected of being involved in manipulating market prices. CoinEgg reserves the right to delist the token.
Significant deviations in project operation information disclosure, seriously affecting the platform and users. CoinEgg reserves the right to delist or hide the token.
2. Token Trading
Additional issuance or forking without notifying users and CoinEgg in time. CoinEgg reserves the right to delist or hide the token.
No order is filled in a single trading pair within 24 hours. CoinEgg reserves the right to hide the token.
Two few buy/sell pending orders for a single trading pair within 24 hours. CoinEgg reserves the right to hide the token.
The average daily trading volume of a trading pair is 5 BTC or lower than 5 BTC for 7 days consecutively. CoinEgg reserves the right to delist or hide the token.
3. Technical and Security Issues
Serious technical or security issues found in the smart contract or during mainnet swap, and the project team fails to repair them in time. CoinEgg reserves the right to delist or hide the token.
51% hashrate attack occurred and incurred forking. CoinEgg reserves the right to delist or hide the token.
CoinEgg Token Delisting/Hiding Procedure
CoinEgg may delist or hide a token/trading pair without prior notice, but usually users will be notified in advance. Since each token may have different security issues, the time to finally hide or delist a token/trading pair will be based on the time in the announcement.
Your support is vital important to our review process. You're always welcome to provide us any information about any project to assist us. Together, we can build an ever-growing market and a robust environment for digital asset trading. We apology for any inconvenience caused during the hiding/delisting process. Thank you for your understanding.
July 3, 2019