Delisting Standard

All the cryptocurrencies listed on GDAC are regularly monitored. 

Delisting decision shall be made if cryptocurrencies are applicable to any of our commission’s delisting standard. 

 

Delisting Standard

1. Legal/Technical Issues:

  • If the use of blockchain, cryptocurrency or blockchain-based technology violates the law in force or goes against the government or related law of authorities
  • If internal security or technical issue exerts tangible or intangible harm on cryptocurrency users but the issue has not been resolved for a long term
  • If the technical fault of blockchain or cryptocurrency is identified
  • If involved in crime, market manipulation, and market abuse

 

2. Lack of Marketability

  • If the cryptocurrency lacks in marketability with significantly low trading volume (abide by GDAC’s internal standards)

 

3. Continuity of Project Team

  • If the cryptocurrency project team can no longer develop or maintain the business or the cryptocurrency

 

4. Other

  • If there is persistent illegal trading or abnormal trading that goes against GDAC’s terms
  • If there is a need to protect other GDAC’s users or applicable cryptocurrency users

 

Delisting Procedures

  1. Notification of Delisting 
  2. Suspension of Deposit Service 
  3. Suspension of Trading Service 
  4. Suspension of Withdrawal Service

 

Precaution

  • After suspension of withdrawal service, withdrawal may become unavailable due to technical issues.
  • The delisting period may be shortened to protect users and the exchange.