Europe-based bitcoin exchange Cex.io has announced the termination of their support for altcoins and GHash.IO Multi pool to shift their focus toward higher volume markets such as bitcoin and litecoin.
Trading pairs including IXC, DVC, POT, ANC, MEC, WDC, FTC, DGB, USDE, MYR and AUR have been removed and GHash.IO Multipool has been discontinued for all miners.
“GHash.IO Multipool will be discontinued. There is no need to change mining settings for the Multipool, as all shares will be automatically redirected to LTC+DOGE mining pool. Those users who are already mining on Multipool and LTC+DOGE pool simultaneously, please make sure that workers on both pools are titled differently,” announced the Cex.IO team.
Over the next few weeks, major altcoins including Dash, Dogecoin and Namecoin support will be terminated. Cex.IO is set to remove all related trading pairs by December 21, 2015. Users will still be able to use Dogecoin and Namecoin wallets to withdraw balance.
However, users with wallets of unsupported altcoins will be charged 0.00015 bitcoin per wallet per day, until the balance reaches 0. In other words, users maintaining altcoin-based wallets except bitcoin, litecoin, dogecoin and namecoin will be charged 6 cents per day as a fixed commission fee.
“We will be imposing a wallet fee for storage of some discontinued altcoins, which will be used for running the support of the wallets. The fee will be charged in respective altcoins and will be equivalent to 0.00015 BTC per wallet per day, till the balance on the respective wallets reaches 0. In order to avoid this fee we recommend converting your coins to BTC or LTC,” stated the Cex.IO team.
With the integration of browser-based financial charting platform provided by TradingView, Cex.IO aims to serve high profile and active bitcoin traders exclusively. Since late October. the Cex.IO platform has provided bitcoin traders with in-depth […]