BYC Volume on Bittrex

mstfimi
mstfimi

Hello,

I'm considering investing BYC but I'm afraid of low volume on Bittrex. It doesn't exist on another exchange so this is very important issue. For example, what if bittrex delists BYC because of low volume? There will be no exhange site having BYC so price drops extremely hard.

Is this a problem for you guys? Or, am I the only one who care about this volume problem? :)

Thanks.

Comments

  • Christopher
    Christopher

    Bytecent has been on Bittrex since 2014, it will not be delisted. Also, the volume has always been sporadic. Bytecent was on other exchanges and they eventually closed. That being said, we are look at having it listed on another exchanges.

  • mstfimi
    mstfimi

    Bittrex says the reason is low volume for delisted coins. If Bittrex delists, it will be harmful, clearly. I hope it will not happen and listed on another exchanges.

  • Donnie
    Donnie

    Correct me if I'm wrong, but to be delisted from Bittrex wouldn't your volume have to be less than .5 BTC over a several day span? Wouldn't that be around $6,000 at the price of BTC stands today? Seeing that BYC just traded around $600,000 volume the last 24 hours how can BYC even be close to delisting?? I may be wrong since I am a newbie to cryptocurrency, but this is the way I understand it. Someone feel free to correct me, if my figures are off, or if I am misunderstanding something, but I can't see how BYC is even remotely close to being in danger of delisting.

  • Christopher
    Christopher
    edited January 19

    Hi Donnie,

    Correct. Last month we did a few million in volume, and this month it is higher. There is no reason for Bittrex to delist Bytecent.

    Best,
    Christopher

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