Jump to content
Sign in to follow this  

De-listing Bitcoin Gold and Bitcoin SV

Recommended Posts

Posted (edited)

Afternoon all, just an FYI:

 From 9pm (UK time) on 26 April 2019, we will no longer offer markets on Bitcoin Gold (BTG) and Bitcoin SV (BSV). This is in line with a number of major cryptocurrency exchanges, who have recently announced that they’ll be delisting the coins in the coming weeks – making them difficult to price accurately. 

 Please ensure that you log in and  close any positions on these markets before 26 April. Any positions still open at 9pm UK time on 26 April will be closed basis our prevailing bid/ask price.

Brief explanation - the exchanges & vault providers we use are gradually discontinuing their support for these tokens, making it increasingly difficult for us both to price the tokens accurately and to hedge our exposure to client trades. We've allowed closing trades only on both BTG & SV for some time, and intend to disable the markets completely as of this Friday. We have no plans to restrict/ discontinue trading on any other cryptocurrencies at this time.

I doubt many of you on the community will be affected, but any questions please get in touch.

Edited by Ludwik Chodzko-Zajko IG

Share this post


Link to post

@Ludwik Chodzko-Zajko IG,

About time on Bitcoin Gold, it was due an exit from IG!

Mind you the chart for Bitcoin Gold is similar in terms of resenting trending as the others. Also it is cheaper to trade than the others, so it will be missed. LOL 😁

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Member Statistics

    • Total Topics
      6,909
    • Total Posts
      32,705
    • Total Members
      42,536
    Newest Member
    waqaraslam
    Joined 20/06/19 21:25
  • Posts

    • Within 7 minutes of my previous post Bitcoin has hit $9610.20. This is exploding to $10k very soon indeed. 
    • Bitcoin's price has popped and it has just hit at 9:00 pm UK time around $9580.70.  TrendFollower Predicton - Bitcoin will hit $10,000 imminently. 
    • Gold's price action is phenomonal right now. Silver must at some point experience exceptional price action as it has a lot of catching up to do. If things continue as they are then Silver has more upside potential than Gold based on a chartist perspective.  There is no guarantee that the US Fed is going to lower interest rates. So this current price behaviour is based on an assumption that it could in the future which makes it a very speculative trade. Lower interest rates will affect the US Dollar and Yields. As a result it could make Gold's Yield look quite attractive. However this is based on potential right now.  Now I personally have no problem with a speculative or assumption based trade as I try and trade the price action and right now Gold's price action is enabling its price to shoot upwards literally like a 🚀 rocket when looking at the 'daily' chart. So do I care what the Fed does or does not do in the future? Not really as trading based on price action means literally that and putting aside the drama of the US Fed and what it may or may not do in the future. 
×
×