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What was the reason for Kucoin's decision to remove POE from their platform?

avatarSanaz AlipoorDec 25, 2021 · 3 years ago3 answers

Can you explain why Kucoin decided to remove POE from their platform?

What was the reason for Kucoin's decision to remove POE from their platform?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Kucoin made the decision to remove POE from their platform due to concerns about the project's lack of progress and development. They felt that POE did not meet their standards for listing and decided to delist it to protect their users from potential risks. It's important for exchanges to carefully evaluate projects before listing them to ensure the safety and integrity of their platform.
  • avatarDec 25, 2021 · 3 years ago
    The reason behind Kucoin's decision to remove POE from their platform was primarily based on the project's declining popularity and trading volume. As an exchange, Kucoin needs to prioritize projects that have a strong user base and active trading activity. By delisting POE, they can free up resources and focus on supporting projects that are more in demand among their users.
  • avatarDec 25, 2021 · 3 years ago
    As a third-party observer, it's clear that Kucoin's decision to remove POE from their platform was driven by a combination of factors. While the exact reasons may vary, it's likely that concerns about the project's development progress, lack of community engagement, and declining market interest played a role in the decision. It's important for exchanges to regularly review and update their listings to ensure the best experience for their users.