Why is bytecoin disabled on Coinspot?

Why is bytecoin disabled on Coinspot?

Regulatory updates from industry service providers regarding these privacy coins have unfortunately made it unworkable to continue trading of these assets. As a result, the below coins/tokens will be removed from trading as of 31 August 2020; Monero (XMR) Bytecoin (BCN)

Where is bytecoin?

If you would like to know where to buy Bytecoin, the top cryptocurrency exchanges for trading in Bytecoin stock are currently Gate.io, HitBTC, CoinEx, Poloniex, and STEX. You can find others listed on our crypto exchanges page.

Where can I exchange bytecoin?

Bytecoin Exchanges – Where to Buy, Sell and Trade Bytecoin

• Percent Volume distribution by Bytecoin Exchange on CoinMarketCap.
• Buy Sell and Trade Bytecoin on Binance.
• Bytecoin trading on OKEx.
• Bytecoin buying and selling on Poloniex.
• Trade Bytecoin on HitBTC.

Is monero illegal Australia?

Exchanges in South Korea and Australia have delisted monero and other privacy coins due to regulatory pressure.

Is CoinSpot a wallet or exchange?

CoinSpot is an Australia-based cryptocurrency exchange. More than 1 million Australians use it to buy, sell, and swap cryptocurrencies.

Where can I buy BCN Cryptocurrency?

You can also buy BCN using Bitcoin. In this case, open an account with Binance to be able to exchange bitcoins for ByteCoin. BitPanda is another platform that allows people to use Skrill money transfer to buy bitcoins or Ethereum, which is then exchanged for BCN.

How do I find my BCN?

You can easily find your BCN wallet address in Freewallet. Click on the “Receive” button and choose Bytecoin. There you’ll find your wallet address and you’ll be able to deposit funds on your balance.

Why is Binance banned in the Canada?

In June 2021, facing the threat of regulatory sanctions by the Ontario Securities Commission (OSC), the cryptocurrency-exchange giant Binance updated its terms of use, declaring Ontario, Canada, a “restricted jurisdiction.” As a result, Binance has blocked services to Ontario and asked Ontario-based users to “take …

Can I buy bytecoin on Binance?

Fellow Binancians, BCN/BNB, BCN/BTC and BCN/ETH trading pairs are now available on Binance for trading. You can start depositing and trading BCN now.

Why did Australia ban XMR?

Exchanges in South Korea and Australia have delisted monero and other privacy coins due to regulatory pressure. Bloomberg and CNN reported that this demand for monero was because authorities were becoming better at monitoring the bitcoin blockchain.

Is Bytecoin being delisted from Binance?

Binance Announces Delisting of Bytecoin And Three Other Altcoins. Binance, the world’s largest crypto exchange by trading volume, has recently announced its plans to delist multiple altcoins. According to the announcement, Binance will remove Bytecoin (BCN), Iconomi (ICN), ChatCoin (CHAT), and Triggers (TRIG) on October 12th.

What is Bytecoin (BCN) price?

As per the data available on CoinMarketCap, Bytecoin is ranked as the 16 th largest cryptocurrency with an individual price of $0.012 USD rising at a rate of 1.10\% consistently. Its total market capitalization has reached approximately $2.21 billion USD which is huge for an altcoin.

What happened to Bytecoin depreciation?

The depreciation stopped when Binance declared a re-opening of trade for Bytecoin. Even though it is still under maintenance to fix the network and trading issues which investors and traders suffered from Bytecoin team. Shortly after Binance’s news, Poloniex exchange also walked down the same path and activated Bytecoin trading.

Is Bytecoin the biggest altcoin in Asia?

Even after an extreme market shakedown, Bytecoin has successfully become one of the biggest altcoin hits in Asia. Everything was going pretty well for Bytecoin as it marked down approximately 62.66\% hike within the past week but soon the prices experienced an unexpected dip after Binance trading reached their peak.