Poloniex Delisting MAID - December 30 - MUST Withdraw by January 30

I have just spent a good couple of minutes trying to find references of that, not because I wanted to prove you wrong but because I too had a feeling someone had mentioned it somewhere. Well, nothing found. I probably confused Poloniex with Bittrex or the Bittrex Internalional May 2019 RE-listing tweet resonated in my head. If you could elaborate or admit this was mere shamanism, that would be most welcome :wink:

As far as CMC goes, the most liquidity is on HitBTC. But then again, that is not where you would want to trade at.

Edit: Comments in this thread lead me to read some more about HitBTC’s fake volume suspicions and having done that, HitBTC is really showing major red flags:

December 17, 2019: HitBTC an Insolvent Scam Operation, Claims Cybercrime Investigator
January 31, 2019: Is this real? Fake Volumes on Hitbtc and Binance

And here some Crypto Exchange Ranks by Hacken.io.

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Someone knows an alternative to changelly, because the fees are extremely high. I want to buy with credit card, because money transactions from bank to bank take too long in christmas time.

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If you want to buy Maid now, you can still use Polo now right? No KYC atm

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Thats right, yes!

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There is more than few payment processors where you can buy Bitcoins with cash by payment card. The fee is always about 3.5%. People from US have limited options, but Crypto_com, Binance US, Coinbase…

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Do we know what happened to remaining coins on poloniex after the end of January? Do they get automatically liquidated to BTC and credited to owner or does poloniex do something else with them? Presumably, this has happened with other coins in the past?

Any idea how many are coins poloniex took in w/d fees

Not sure what will happen with you folks across the pond. Iirc when they closed US trading they said everything not taken off the exchange would be converted to USd and sent to an owner’s home state as unclaimed or abandoned property. At that point you would need to file with your state to reclaim.

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By converting to USD, presumably they liquidated at market rate then? I wonder if they liquidated against what was in the order book at the time? If this is the case, a lot of soon-to-be-ex-MAID-holders are going to get fleeced and some buyers are going to scoop up a lot of cheap coins.

I am surprised the 2 month window is even legal. A lot of people simply won’t have heard about the situation and stand to lose a lot. It all seems pretty shitty for those left in the cold.

I wonder why they can’t just transfer the liability to a nominated exchange who is still trading the token? Selling an order book to another company is not uncommon and I don’t see why crypto exchanges shouldn’t honour their customers equally well.

Any chance of Chainrift talking with Poloniex to help with this transition? @ales85, @rajbanerjee - any thoughts?

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Our goal for all delistings is to make this process as painless as possible for customers, which is why we endeavour, wherever possible, to:

  • Provide you with seven days advance notice before delisting an asset
  • Give holders of the impacted assets at least 30 calendar days to withdraw their delisted assets
  • Send email reminders during the period leading up to the withdrawal deadline

There may be times when customers are unable to withdraw delisted assets for reasons outside of our control, such as when a network is no longer live. We recognize that these can be frustrating for customers and will review these on a case by case basis to determine an appropriate course of action. For instance, we may endeavor to hold the delisted funds and online them in the future should the network become operational again.

Once the withdrawal deadline for a particular asset has been reached, withdrawals will be disabled and the asset will be fully decommissioned. From that point forward, we will no longer process withdrawals of impacted assets. As such, it is imperative that customers withdraw all of their delisted tokens prior to the withdrawal deadline.

https://support.poloniex.circle.com/hc/en-us/articles/360025770812-Poloniex-Delisting-Policy

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Legal is a funny concept, my mother is from the west-indies.
They changed one of their notes just before xmas, and gave everyone 1 week to change them, unless you could prove you were out of the country on holiday at the time, so UK stopped accepting them even before the week was out.

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I was in India during Prime Minister Modi’s “Demonetization”…

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I’ll check once I’m home, hopefully someone can answer before then though. Shift not even started yet.

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Can confirm all OK.

I Just withdrew everything :slight_smile:

PS here use my chain rift referral and I get some fees woooooo!
https://www.chainrift.com/?R=zTojs

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Used! Don’t give up the day job …

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Haha thanks man, yeah I know… although I do plan to one day!

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Hey big traders! Make me rich why doncha? https://www.chainrift.com/?R=JfQEe

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Hey guys and the team in particular. Over the last weeks I’ve been actively mailing with Poloniex, first of all to let them know that the delisting of MAID is unacceptable, but also to ask for some sort of clarification as to why they’ve decided to delist.

They keep mentioning that their delisting policy can be found on the website, but after asking which of these reasons apply to MAID, they can’t give me an answer other than: “We’ve forwarded your feedback to the responsible team”. I’m at the point where I’ve told them that if they can’t provide me with an answer I no longer wish to continue my account at Poloniex, which resulted in no response for over 48 hours, there where they usually take less than 12.

Are they just not answering to me or has the communication with team members gone the same way?

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