@harmonyprotocol Stop repeating what happened on Aug 13, everyone knows that already. When is the rollback actually happening? Give the community a final date and time."
Hi @CoinDCX For the past two years, all we’ve been seeing on your platform is continuous token delisting! 📉 It feels like you’ve completely stopped listing new assets.
It’s high time you start listing new promising tokens in the INR Spot market with full Limit Order functionality. Give traders the options and control we deserve! 📊🚀 @CoinDCX_Cares #CoinDCX #CryptoIndia #CryptoTrading
Hi @CoinDCX And @CoinDCX_Cares
This is totally unfair! First, you put $VANRY under maintenance and locked our funds. As soon as maintenance ended, the price dumped by 50%, and then you decided to delist it?
If you were going to delist it anyway, why put it in maintenance first? Retail investors like us are facing huge losses because of this. We need answers!
"Hi @CoinDCX@CoinDCX_Cares
Using 'Instant Buy/Sell' for new token listings causes huge losses due to a massive 10% spread (high buy price & low sell price).
Please bring back Limit Orders in Spot INR trading pairs so we can set our own prices. Also, request you to announce new listings on the home screen instead of silently adding them.
Retail traders need fair pricing and transparent announcements! #CoinDCX #CryptoIndia"
"Hi @CoinDCX, please stop silently listing new tokens. Kindly show their announcement directly on the home screen and list them in INR pairs under Spot mode with limit order options instead of only offering instant buy/sell."
@CoinDCX_Cares and @smtgpt
"Hi @CoinDCX,and @CoinDCX_Cares please bring back new listing announcements directly on the home screen. Also, kindly list new tokens in INR pairs under Spot mode so we can set limit orders instead of only having instant buy/sell options."
@smtgpt@CoinDCXAssets
@CoinDCX_Cares
Before maintenance, VANRY on CoinDCX tracked Binance (~₹0.34).
After trading resumed, it crashed 50%+ and started matching https://t.co/DsLbAeAKSq’s lower price.
You said there was “no change to price or trading conditions.”
Please fix this and bring the price in line with Binance. @CoinDCX
@CoinDCX and @CoinDCX_Cares Just to clarify — the VANRY smart contract address is the same on Binance and https://t.co/DsLbAeAd2S. It’s the same asset.
Yet before the maintenance, CoinDCX price was tracking Binance.
Immediately after trading resumed, it dropped 50%+ and started matching https://t.co/DsLbAeAd2S’s much lower price.
You said there was “no change to the asset price or trading conditions.” Then what caused this sudden realignment right after the maintenance window?
Looking for a clearer explanation.
@CoinDCX_Cares
Thanks for the response, but it doesn’t address the main issue.
Before the 3–4 PM maintenance, VANRY on CoinDCX was closely tracking Binance (~₹0.34).
Immediately after trading resumed, the price dropped over 50% and started matching the much lower https://t.co/DsLbAeAKSq levels.
You say there was “no change to the asset price or trading conditions.” Then how did the local price suddenly realign to a completely different reference?
Retail holders took heavy losses in that window. A clearer explanation on the price source / liquidity adjustment would be appreciated.
@CoinDCX
$VANRY price was matching Binance before your 3 PM maintenance.
After maintenance it suddenly dropped 50% and started tracking https://t.co/wgcFjE9aGm’s much lower price.
You said it’s not a delisting. Then why the forced price reset?
Retail is bleeding. Explain this
@CoinDCX@CoinDCX_Cares
What’s going on with $VANRY?
Before the 3 PM maintenance on 5th Aug, the price on CoinDCX was matching Binance (~₹0.34).
After the “temporary maintenance”, it suddenly crashed to ~₹0.15 and is now tracking the much lower https://t.co/wgcFjE9aGm price.
@CoinDCX_Cares Your two replies:
“Primarily due to low liquidity”
“Market forces + no centralized price feed”
These are conflicting statements.
If it’s a low liquidity issue, are there any plans to fix the $LCX /INR order book?
Or is this just another template reply?
@CoinDCX_Cares@CoinDCX_Cares
Earlier you confirmed that the price difference is primarily due to low liquidity in the LCX/INR order book.
Now the reply is back to the general market forces explanation.
Could you please clarify if any action is being taken to improve liquidity
@CoinDCX_Cares LCX currently has almost 0 liquidity. While the global market price is around ₹1.95, it is trading at ₹6.5+ on your platform
This is not just market forces it is clearly a low liquidity issue
Please consider adding market makers to improve the order book depth
Dear @CoinDCX_Cares and @CoinDCX
There is a huge glitch in the $LCX token. Its price is approximately three times higher on @CoinDCX exchanges
Fix this as soon as possible..