Caiz Official Statement — Bittrex Global
As the world continues to celebrate various holidays, there has been an unfortunate development in the world of cryptocurrency trading that has left many of us astonished. Bittrex Global, an exchange platform, has recently announced that it will be delisting Caizcoin from its platform without any input or consent from Caizcoin.
This recent unilateral decision taken by Bittrex Global has come as a shocking surprise to us at Caizcoin and our community, as there has been no regulatory reason given for the delisting. At Caizcoin we continue to remain committed to upholding the values that have always guided our actions.
As a cryptocurrency designed to adhere to Islamic finance principles, Caizcoin has always placed a strong emphasis on ethics and transparency. It is for this reason that the team is deeply disappointed by the actions of Bittrex Global, which could potentially put our community at risk.
To clarify the situation, we, Caizcoin have already paid the listing fee for being on the Bittrex Global exchange. However, we did not agree to a specific listing date, as we did not want to put pressure on such a sensitive and important operation in a short-term period.
Despite our patience and thoughtfulness, we have been left with no choice but to take legal action against Bittrex Global. We believe that this is the best way to protect our community and ensure that justice is served.
For investors who hold Caizcoin on the Bittrex Global platform, it is essential to note that all the Caizcoins must be withdrawn no later than May 8, 2023. Failure to do so may result in the loss of these Caizcoins, as they will no longer be accessible on the exchange.
As negotiations continue with Bittrex Global regarding the 4.50 Caizcoin fee currently in place by Bittrex Global only, we urge their community to remain patient and vigilant. We will continue to provide updates on this situation in the coming weeks, as we are tirelessly working to ensure the best possible outcome for everyone involved.
At our core, we are built on principles of transparency, ethics, and community. As we navigate this challenging situation, the team remains committed to upholding these values and working towards a brighter future for all Caizcoin holders.
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