Trade only mode

Some coins on the LiteBit platform are in trade only mode. This means that you can only buy and sell these coins. Withdrawals and deposits are not possible. If a new coin is added as a trade only coin, it may take a while before full functionality is enabled. Please be aware that we cannot guarantee that withdrawals or deposits will be enabled eventually for these new coins.

If a coin is put in trade only mode due to maintenance, we will list the reason on our status page: https://status.litebit.eu/. We will do our best to resolve the maintenance as soon as possible.

Currently, these crypto are in trade-only mode:

  • IOTA (IOTA)
  • Harmony (ONE)
  • THORChain (RUNE)
  • PancakeSwap (CAKE)
  • Tezos (XTZ)
  • Vechain (VET)
  • Theta (THETA)
  • Fantom (FTM)
  • Acala (ACA)
  • Moonbeam (GLMR)
  • Moonriver (MOVR)
  • STEPN (GMT)
  • Anchor-Protocol (ANC)
  • Terra-Network (LUNA)
  • Optimism (OP)
  • Flow (FLOW)
  • Sweat-Economy (SWEAT)
  • Stacks (STX)
  • EthereumPoW (ETHW)
  • Celo (CELO)
  • Hedera (HBAR)
  • Aptos (APT)
  • dYdX (DYDX)
  • Mask-Network (MASK)
  • Convex-Finance (CVX)

 

Update: Important changes to selected coins starting February 15th 2023

Due to compliance risks and optimizations to our platform, these 7 cryptos will go into trade-only mode as of Wednesday 15th of February 2023 (00:01). This means you can only buy and sell them on LiteBit. Withdrawals and deposits will no longer be supported from that moment on: 

  • Verge (XVG)
  • SysCoin (SYS)
  • Stratis (STRAX)
  • Ravencoin (RVN)
  • QTUM
  • ReddCoin (RDD)
  • PIVX

Frequently asked questions Trade-only mode

Does this impact my other crypto in my LiteBit wallet?

No, this only applies to the abovementioned crypto and a selection of crypto which was already in trade-only mode.

What are withdrawals and deposits in this context?

Withdrawal in this context means withdrawing/sending your crypto (in your LiteBit wallet) to an external crypto wallet outside of LiteBit. A few examples: A crypto wallet on another crypto exchange/broker, Metamask, Ledger or Exodus.

Deposits in this context means depositing/sending crypto from an external wallet to your LiteBit wallet. 

I want to keep these crypto in my LiteBit wallet, is this possible?

Yes, this is possible. Buying and selling these crypto will remain available after the 15th of February. Crypto will be stored safely in your LiteBit wallet.

What happens if I don't take any action?

Your crypto will remain in your LiteBit wallet. After February 15th, withdrawals and deposits will not be possible for the abovementioned 7 crypto. Buying and selling them will remain available after February 15th.