PoloniEX has announced they will be de-listing a number of assets as of the 5th of September 2016
Official announcement
You can see the official Tweet HERE
If you happen to be signed in, feel free to give the Troll king: Tone Vays my regards :) - can't believe this guy
On 9/5/2016, the following markets will be delisted: ABY, ADN, BITUSD, CNMT, DAO, DSH, FIBRE, FLT, GAP, GRS, HYP, IFC, LQD, MCN, MINT, MMC, MNTA, PIGGY, PTS, SILK, SWARM, WDC, XC, XCR, XPB, XUSD, YACC.
You may notice in the list above a few of everyone's favourite assets such as BitUSD, DAO and YACC.. :) alright maybe i threw YACC in there for fun but i actually like YACC although not for the normal reason is like digital assets.
The main thing i want to bring to everyone's attention is the fact that being de-listed doesn't mean an asset is dead although in some cases i maybe some what similar; it is not the case for BitUSD....
BitUSD - Bitshares
In the case of BitUSD it could be an opportunity to snap up some cheap dollar pegged assets and move them over to the Bitshares chain where they can be traded for any asset listed. Bitshares and any Bitshares Smartcoins or asset do not suffer the same dread as other coins that maybe de-listed given the fact that Bitshares is it own exchange!! and therefore it will always have a home and means of trade. The Bitshares platform actually powers the OpenLedger.info exchange.
The Decentralized exchange that runs on Bitshares backed by Graphene is actually safer than any centralized exchange as it does not require you to trust any 3rd parties with you private keys, no more Gox, no more BitFinex, Cryptsy, Mintpal, Bter .... you are in control; at all times... even while trading.
Given that you have an opportunity to get a 10-30% discount from holders on the centralized exchange exiting their position the asset you buy on the Bitshares Decentralised Exchange will be well under market price and all that is required to make this trade and get an arbitrage opportunity is to pickup some cheap BitUSD move them to your Bitshares wallet, then buy your asset of choice...
BitUSD - Selling for 84 cents on the dollar
Blocktrades.us
Another option for a super quick turn around is a well know gateway service Blocktrades.us supporting all sorts of currencies as inputs and output; purchasing your coins is as simple as selecting your desired output coin and address, withdrawing your BitUSD to the Blocktrades address provided and you'll have the conversion completed in minutes
So what will you be getting a 10-30% discount on today??
There are a number of option available, you could power up your Steem account, hedge into some bitGold, get the latest cryptocurrencies or shares in an upcoming project, The choice is yours
The list below is to give you an idea of what is possible..
- BitGold (Gold Pegged)
- BitSilver (Silver Pegged)
- BitCNY (Pegged to CNY)
- BitEUR (Pegged to EUR)
- BitBTC (Pegged to BTC)
- OPEN.ETH (1:1 UIA for Ethereum )
- Open.STEEM (1:1 UIA for Steem)
- STEEMPOWER (Blocktrades)
- Bitshares
- Peerplays
- Blockpay
If you want to find out more about Bitshares or download the lite wallet check out Bitshares.org