On October 12, Hongkong-based crypto trading platform OKEx delisted Bytecoin (BCN).
The company has posted today a statement on its website notifying about this decision.
"Our regular monitoring of Bytecoin found that the project has been exposed to a critical technical issue that has been left unhandled. To protect the interests of our users, OKEx will delist all BCN trading pairs at 19:00 Oct 12, 2018 (HKT)," the post reads.
The platform informed users that they have to cancel opened orders and withdraw coins to other exchanges or their wallets. According to the report, the withdrawal will be available till November 1.
At the same time, there are no details about the technical issues that were detected. Moreover, Bytecoin project team is yet to provide official feedback to this move.
Earlier, Binance also decided to delist Bytecoin. In that case, the company stated that they were in talks with Binance about trading resumption.
The exchange maintains non-stop monitoring of the supported coins and decides to delist those that do not comply with the standards.
OKEx also warned in the notice:
"Please be reminded that trading digital assets involves significant risk and make sure you fully understand the mechanism and risk involved."