Crypto Exchange Huobi is Delisting Private Altcoins

Many cryptocurrency exchanges are being forced to withdraw support to private altcoins under pressure from regulators. For example, Bittrex delisted Zcash, Monero, and Dash last year.

Now, Huobi has made a similar decision. The trading platform has announced that now users will not be able to trade Dash, Decred, Firo, Monero, Verge, Zcash and Horizen.

According to the company, the delisting will be phased and will start on September 19.

Traders must cancel all open orders before that date. If they don’t do so, the trading platform will automatically credit funds to user accounts.