bitbank to delist Enjin Coin (ENJ) on October 16
bitbank announced the delisting of Enjin Coin (ENJ) scheduled for October 16, citing persistent price discrepancies between the Ethereum-based ENJ and the Enjin Relay Chain-based ENJ. The exchange determined that maintaining stable services and fair price formation has become difficult. Additionally, the collateral ratio for margin trading will be reduced from 50% to 0% on September 30, and any remaining ENJ after the withdrawal deadline will be converted to Japanese Yen at market price.
Summaries are written by AI from the original article. Not investment advice.