Custody and cash · 38 / 127 · 2 min
Delisting
The venue can end the market. After a date, the ticker may not trade, and a leftover balance can be converted on their terms.
The venue can end the market and set the last day.
A worked case
A token stops trading on the exchange where someone bought it. They miss the withdrawal date. The leftover is converted at a rate the exchange publishes. The chain still has the token. The account does not have a market.
The announcement
An exchange lists a token and later removes it. Trading stops. They set a last day to withdraw. The day is theirs.
After the day
What remains can be converted, frozen, or left as a number you cannot sell there. The chain may still have the token. The market you were using will not.
The venue is optional, for them
A cryptocurrency exchange chooses what it lists. The same choice runs backwards. Trading can end, a deadline can be set, and a leftover balance can be handled under the firm's terms. None of that deletes a token from a chain. It deletes the market inside the account.
The date in the announcement is the rule you can still act on. After the date, you are reading their conversion policy, not a chart.
Read it yourself
These links are the record. They are not a recommendation, and they are not instructions. A news story or a court paper can still be wrong about a detail. The check does not change because a famous name is in the story.
Apply the check
Open a question. The line is about this topic. It is not a verdict that anything is safe.
The exchange, from the conversion and from having listed it.
The exchange.
The date. After it, their terms.
Check yourself
Write it in your own words. The course's answer opens after that. Nothing is sent.
After this you can read the date, and say what happens to a balance after it.
