South Korea's second-largest cryptocurrency exchange has announced that it will spot-delist an altcoin.
In an official statement on Thursday, November 14, it announced that it would delist the cryptocurrency Radiant Capital (RDNT) from spot trading.
According to the statement, it will remove Radiant Capital’s trading pairs from spot trading and halt trading as of today.
The exchange emphasized that it will not accept withdrawals for these cryptocurrencies as of January 10, 2025.
In his statement, he made the following statements regarding the delist:
No explanation was provided by the project regarding the reason for the relevant restriction, and when the damages resulting from the security breach and the position announced by the project to the public were examined, it was determined that the conditions required for the continuation of transaction support were not met. Therefore, it was decided to terminate transaction support.
Delist news hits RDNT coin
According to CoinGecko data, the altcoin price started to decline with the delisting news. RNDT fell by more than 7% from $ 0.0603 levels to $ 0.0561. Later, RNDT gathered some amount and is finding buyers at $ 0.0584 at the time of writing.
Stay tuned.
$RDNT