On October 13, Bittrex will conduct delisting of a number of altcoins, including BitShares (BTS). This is reported by the official website.
Next pairs will be delisted:
- BTC/BTA (Bata);
- BTC/BTS and ETH-BTS(BitShares);
- BTC/DAR (Darcrus);
- BTC/DRACO (DT Token).
The delisting reasons of the popular BitShares cryptocurrency remain unclear. At the same time, according to the publication of Stock Emperor, the reason for delisting BitShares could be the requirement of the Securities and Exchange Commission (SEC). Thus, at the end of July, the SEC issued an official statement stating that some tokens could be subject to the requirements of federal securities legislation.
According to Coinmarketcap, BTS is on the 43rd in terms of market capitalization, and BitShares's closest rivals are Factom and Siacoin.
We can see on the graph from Bittrex the fall of BitShare. Also, if you look on the top right corner, you will see the "This market will be deleted on October 13th, 2017." notification.
Bitshares rate on Bittrex
According to the Bittrex rules, after delisting any of the market's cryptocurrency, users have 14 days to withdraw funds from the corresponding wallets.