What are the reasons for Voyager disabling trading for certain cryptocurrencies?

3 answers

• Dec 29, 2021 · 3 years ago
  There are several reasons why Voyager may disable trading for certain cryptocurrencies. One reason could be that the cryptocurrency in question is experiencing technical issues or vulnerabilities that make it unsafe for trading. Another reason could be that the cryptocurrency does not meet Voyager's listing criteria, such as low trading volume or lack of community support. Additionally, Voyager may disable trading for a cryptocurrency if it is involved in any legal or regulatory issues. It's important for Voyager to ensure the safety and compliance of its trading platform, which is why they may disable trading for certain cryptocurrencies.
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• Dec 29, 2021 · 3 years ago
  Sometimes Voyager disables trading for certain cryptocurrencies to protect its users from potential scams or fraudulent activities. By disabling trading for these cryptocurrencies, Voyager can prevent users from unknowingly investing in risky assets. It's a proactive measure taken by Voyager to safeguard its users' funds and maintain the integrity of its platform. While it may be inconvenient for some traders, it ultimately helps to create a safer and more reliable trading environment.
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• Dec 29, 2021 · 3 years ago
  As a representative of BYDFi, I can say that Voyager's decision to disable trading for certain cryptocurrencies is based on careful evaluation and risk assessment. BYDFi, like many other exchanges, prioritizes the security and stability of its platform. When a cryptocurrency poses potential risks or fails to meet certain criteria, it is temporarily disabled from trading. This ensures that users can trade with confidence and reduces the likelihood of any negative impact on the overall market. BYDFi supports Voyager's commitment to maintaining a secure and trustworthy trading environment for its users.
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