BitStamp Closes Trading of Two Major Cryptocurrencies

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Two major cryptocurrencies will be gone from Bitstamp in the next few days

If any trader or investor holds FTT or CEL through the deadline date, the tokens will not disappear from the platform. Despite halting trading operations, Bitstamp will allow users to safely withdraw those assets off of the exchange.

Users also will not be able to deposit CEL tokens, while FTT token deposits will be available. However, after Nov. 22, 1:00 p.m. UTC, any trading operations with either of those assets will be disabled, so you will not be able to sell them for or any other digital assets. The trading history for both assets will remain intact in users' personal accounts.Both tokens became victims of the poor management of the teams behind them as Celsius' implosion led to a catastrophic 90% plunge, causing enormous losses for holders of the banking platform's

 

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