3 Days Left Before Poloniex Permanently Disables The Withdrawal of 5 Cryptos

Cryptocurrency exchange Poloniex has extended the withdrawal deadline of the crypto assets that it delisted in December 2019.

Due to necessary wallet maintenance, the exchange announced on Twitter, the last date of Primecoin (PM) and Vertcoin (VTC) withdrawal has been extended to Feb. 27, 2020.

The exchange will “update all balance holders when the wallets are re-enabled for withdrawals.”

Towards the end of last year, Poloniex took the decision to delist seven cryptocurrencies from its exchange in its efforts to improve the performance and better serve its customers.

At that time, the US-based digital exchange said it may delist certain assets from time to time based on different criteria including low trade volume of an asset on the exchange, compromised security, deteriorating developer support, lawsuits, and the prohibitive cost to upgrading.

This the company said was part of its mission to ensure that the assets listed on its exchange meet the high standards of its customers and providing them access to the most innovative projects.

As per the announced projects, Poloniex customers only have three days until January 30th, 2020 at 17:00 UTC, to withdraw DigiByte (DGB), Factom (FCT), MaidSafeCoin (MAID), Omni (OMNI), and Viacoin (VIA).

The network fees for each asset is DigiByte: 0.1 DGB, Factom: 0.01 FCT, MaidSafeCoin: 80 MAID, Omni: 4 OMNI, Primecoin: 0.01 XPM, Vertcoin: 0.001 VTC, and Viacoin: 0.01 VIA.

After this, the wallets of these crypto-assets will be permanently disabled.