Check the English original announcement for XMR delisting time｜Trading access is shrinking｜I’m not buying the dip for now
My priority is to address liquidity risk before discussing a rebound. MEXC’s official English announcement lists the end of spot trading for DASH as November 13 at 09:00 UTC, and for XMR as November 17 at 09:00 UTC—that is, 17:00 Beijing time on the 17th. Deposits of XMR and DASH have been closed, and withdrawals will remain available for 30 days after delisting. Some pages in other languages and community reposts still say “XMR will also be delisted on November 13,” which does not match the date in the current English announcement. When funds or order cancellations are involved, I check the exchange’s live English announcement and account page; I won’t treat an old translation as the latest effective time.
For XMR, this is a specific exchange-access event. It does not mean the Monero network is shutting down, nor does it imply that every platform will delist it. MEXC’s exit from XMR spot trading will remove one visible order book; holders’ transfers, liquidity on other markets, and cross-platform price spreads may matter more than a single day’s price movement. Another important caveat: Binance’s November 10 announcement said that, following FinCEN’s designation of MEXC, Binance would reject transfers involving the relevant MEXC entities, and would temporarily hold and review related funds it received. So don’t assume that “transferring from MEXC to Binance” is an emergency route; first verify compliance requirements and whether the receiving platform can accept the transfer.
How has the market reacted so far? I checked Kraken’s public XMR/USD quote, which was around $526.96, with a 24-hour range of $517.94–$541.38, close to the daily open of $528.95. This only shows that price discovery is still taking place on that venue; it doesn’t prove that the delisting impact has been fully absorbed, and one exchange’s quote cannot stand in for market-wide liquidity. I’m watching to see whether the $517.94 area holds, and whether the price can stay above $541.38 on normal trading volume. My view of near-term pressure would ease only if XMR rebounds across multiple markets that remain open and spreads narrow. If a subsequent announcement changes the date again, I’ll update my plan based on the latest official disclosure.
If I were trading this myself, I wouldn’t chase a short or blindly buy into a sharp announcement-driven drop right now. My stance on XMR is to wait and see, with a 0% position. I would consider a small long using no more than 2% of total capital only after confirming that deposits, trading, and withdrawals are all working normally on my chosen platform, and if the price recovers $541.38 and holds it on a retest. My first target would be $555, followed by $570; I’d take half off at the first target and move the protective stop on the remainder higher. I’d stop out if the price falls back below $528, and close the entire position if it breaks below $517.94 or platform spreads widen significantly. I would not add to the position to lower my average cost. If none of these conditions are met, I’ll remain flat. This is a conditional plan, not a trade that has already been executed.
#XMR
This is only my personal market observation and does not constitute investment advice.
My priority is to address liquidity risk before discussing a rebound. MEXC’s official English announcement lists the end of spot trading for DASH as November 13 at 09:00 UTC, and for XMR as November 17 at 09:00 UTC—that is, 17:00 Beijing time on the 17th. Deposits of XMR and DASH have been closed, and withdrawals will remain available for 30 days after delisting. Some pages in other languages and community reposts still say “XMR will also be delisted on November 13,” which does not match the date in the current English announcement. When funds or order cancellations are involved, I check the exchange’s live English announcement and account page; I won’t treat an old translation as the latest effective time.
For XMR, this is a specific exchange-access event. It does not mean the Monero network is shutting down, nor does it imply that every platform will delist it. MEXC’s exit from XMR spot trading will remove one visible order book; holders’ transfers, liquidity on other markets, and cross-platform price spreads may matter more than a single day’s price movement. Another important caveat: Binance’s November 10 announcement said that, following FinCEN’s designation of MEXC, Binance would reject transfers involving the relevant MEXC entities, and would temporarily hold and review related funds it received. So don’t assume that “transferring from MEXC to Binance” is an emergency route; first verify compliance requirements and whether the receiving platform can accept the transfer.
How has the market reacted so far? I checked Kraken’s public XMR/USD quote, which was around $526.96, with a 24-hour range of $517.94–$541.38, close to the daily open of $528.95. This only shows that price discovery is still taking place on that venue; it doesn’t prove that the delisting impact has been fully absorbed, and one exchange’s quote cannot stand in for market-wide liquidity. I’m watching to see whether the $517.94 area holds, and whether the price can stay above $541.38 on normal trading volume. My view of near-term pressure would ease only if XMR rebounds across multiple markets that remain open and spreads narrow. If a subsequent announcement changes the date again, I’ll update my plan based on the latest official disclosure.
If I were trading this myself, I wouldn’t chase a short or blindly buy into a sharp announcement-driven drop right now. My stance on XMR is to wait and see, with a 0% position. I would consider a small long using no more than 2% of total capital only after confirming that deposits, trading, and withdrawals are all working normally on my chosen platform, and if the price recovers $541.38 and holds it on a retest. My first target would be $555, followed by $570; I’d take half off at the first target and move the protective stop on the remainder higher. I’d stop out if the price falls back below $528, and close the entire position if it breaks below $517.94 or platform spreads widen significantly. I would not add to the position to lower my average cost. If none of these conditions are met, I’ll remain flat. This is a conditional plan, not a trade that has already been executed.
#XMR
This is only my personal market observation and does not constitute investment advice.
