Cryptocurrency exchange Bitstamp has announced a slew of new delistings in a Thursday tweet.
Starting from Aug. 11, the exchange’s users will not be able to trade the XRP token against Paxos Standard (PAX), a popular stablecoin that runs on top of the Ethereum network.
In total, Bitstamp will halt support for 14 cryptocurrency pairs. Users will no longer be able to trade Bitcoin Cash (BCH) against the pound sterling. The LINK/ETH pair is also among notable delistings.
Bitstamp, the largest European cryptocurrency exchange, didn’t specify exactly why it decided to halt support for the aforementioned pairs. It should be noted that a trading pair delisting is a permanent decision.
Advertisement
Crypto Market Prediction: This Is What Saves XRP From Crashing to Zero, Three Ethereum Levels to Watch After $3,000, Is Shiba Inu Bull Market Bounce Starting Now?
Morning Crypto Report: New XRP Pair Goes Live on Binance, Shiba Inu (SHIB) Scores New Coinbase Listing, Cardano Creator Highlights 'New ADA' Top 100 Achievement
Ripple Exec Reveals Ambitious Plans for RLUSD
Crypto Market Review: Bitcoin (BTC) $90,000 Drop Is Nothing, Ethereum (ETH) Mini-Death Cross Is Bullish, Shiba Inu (SHIB) Bears Are Not in Control
Tue, 08/02/2022 - 12:07
Cardano Users Indirectly Impacted by Nomad Hack: Details
On Dec. 25, 2020, Bitstamp announced that it would halt XRP trading and deposits for U.S. customers after the U.S. Securities and Exchange Commission took Ripple to court. It became the first major cryptocurrency exchange to ditch the controversial token, with Coinbase, Binance.US, and other big names following suit. However, the controversial cryptocurrency is still widely traded outside the U.S.
As reported by U.Today, Bitstamp, which is known for its conservative approach to token listings, announced the addition of Shiba Inu (SHIB), one of the most prominent meme coins, earlier this June.
In May, the longest-running crypto exchange appointed JB Graftieaux as its new global CEO.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team