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CEX.io planning to delist DASH and ZCash {ZEC} due to regulatory uncertainty; Dash Podcast 119

Bitcoin

Cat.Ex, YoBit, and P2PB2B are the top exchanges involved in DASH trading [according to data obtained from coinmarketcap]. CEX.IO is placed at #133 [depending on reported volume] and is planning to remove Dash from their platform.

Those who operate as traders on this network had received an announcement in the form of an email. This stated, “We’ll soon be delisting ZEC and DASH coins from CEX.​IO. As of September 15, trading will no longer be available for these coins, so we encourage you to finish all trades and close all your positions in ZEC and DASH before that date…You can store ZEC and DASH coins on CEX.​IO for free through December 31, 2019.”

During the previous Dash conference, the CEO of the aforementioned exchange didn’t shy away from unveiling the listing of Digital Cash. It seems that CEX is rethinking its capabilities fearing KYC/AML directives. On the other hand, ZEC got listed on Gemini, which operates under the guidance of the Winklevosses.

Dash is ranked at #16, south of the Huobi Token in the market. The price plunged at a rate of 1.62% in the course of the past 24-hours. This brought DASH all the way down to $79.48. The trading volume recorded is $162.816 million, whereas the supply has 9,008,375 DASH coins in play. As of this moment, the total market cap of Dash is $716.022 million.

Private Send is a feature exclusive for Dash, that shields transactions from prying eyes. This factor probably contributed to this decision by CEX.

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