*picture via Google search image
What's going on with exchange of late? Why are they not allowing deposits/withdrawals of Alt-coins that's listed on their exchange? As per exampled below
*screenshot via Poloniex exchange
I've been following up on this site's/exchange's anomalous trade practices, and I have come up with serveral independent conclusions as to why that both of the most important part of Crypto (and any other forms of) financial trading, "Deposits & Withdrawals" can occur;
• over speculation of the particular asset within the exchange.
• insufficient tokens/coins to the asset within the exchange to cover and trade with.
• called to halt transactions by the asset's Financial Controllers/Directors to avoid the Company from being further drained of capital from the vigorous speculative environment (though this rarely occurs, its a sign of responsible financial foresight by the company)
The only situation that would cause fear to spark is the fact that @Poloniex does not have sufficient tokens/altcoins to trade/payout. Fingers crossed that its not the case.
preacherofstorms