Bitcoin Exchanges Upbit and Bithumb Announce Joint Delisting, Removing Three Altcoins!

cryptonews.ruPublished on 2026-08-14Last updated on 2026-08-14

Abstract

Leading South Korean cryptocurrency exchanges Upbit and Bithumb have jointly announced the delisting of three altcoins: Storj (STORJ), ThunderCore (TT), and JasmyCoin (JASMY). Trading support for these tokens will cease on September 14th. The exchanges cited unresolved issues that previously led to the tokens being placed on a trading warning list as the reason for the removal. The decision follows periodic reviews by the exchanges, which assess criteria such as project development, trading volume, liquidity, community activity, transparency, and regulatory compliance. Projects failing to meet standards are first placed on watchlists; persistent issues can lead to delisting. Meanwhile, another major Korean exchange, Coinone, has announced an extension of its review process for delisting Storj (STORJ), delaying a final decision. Market analysts note that such delistings typically exert short-term downward pressure on token prices. They advise investors to monitor not only price movements but also project fundamentals and exchange review processes, as decisions in the Korean market can significantly impact a project's global standing. (Disclaimer: This is not investment advice.)

Leading South Korean cryptocurrency exchanges Upbit and Bithumb announced in a joint statement the delisting of Storj (STORJ), ThunderCore (TT), and JasmyCoin ($JASMY) tokens. The exchanges explained that the tokens are being removed from their platforms due to unresolved issues that previously led to their inclusion in trading caution lists.

According to the announcement, support for trading STORJ, TT, and $JASMY tokens will cease on September 14 at 09:00. After this date, users will no longer be able to trade these tokens. The exchanges emphasized that investors should complete all necessary transactions before the specified date to avoid potential losses.

Upbit and Bithumb periodically review the digital assets they list, evaluating criteria such as project development, trading volume, liquidity, community activity, transparency, and regulatory compliance. Projects that fail to meet these standards are first placed on watch lists or trading caution lists to warn investors. If the issues persist, a delisting decision may be made.

Meanwhile, Coinone, another major cryptocurrency exchange in South Korea, also made a new announcement regarding Storj (STORJ). Coinone announced an extension of the delisting review process for STORJ that had begun earlier. This means that a final decision on the token's future on the platform will be made at a later date.

Following these events, investors have begun closely monitoring the price dynamics and trading volumes of the affected tokens on exchanges. Delisting decisions by major exchanges in the cryptocurrency market typically exert downward pressure on prices in the short term.

Experts assert that investors should pay attention not only to price movements but also to statements regarding the projects' level of technical development, ecosystem size, and the regular review processes conducted by exchanges. It is believed that decisions made in the South Korean market can have significant implications for the global visibility of the respective projects.

*This is not investment advice.

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Related Questions

QWhat are the names of the three altcoins that Upbit and Bithumb have announced they will delist?

AThe three altcoins are Storj (STORJ), ThunderCore (TT), and JasmyCoin (JASMY).

QWhen will trading support for the specified tokens stop on Upbit and Bithumb?

ATrading support for STORJ, TT, and JASMY will stop on September 14th at 09:00.

QWhat are some of the criteria that Upbit and Bithumb use to evaluate listed digital assets?

AThe criteria include project development, trading volume, liquidity, community activity, transparency, and regulatory compliance.

QWhat action has the South Korean exchange Coinone taken regarding Storj (STORJ)?

ACoinone has announced an extension of the delisting review process for STORJ, meaning a final decision on its future on the platform will be made later.

QAccording to experts, what should investors pay attention to beyond just price movements?

AExperts state that investors should pay attention to announcements regarding the technical sophistication of projects, the scale of their ecosystem, and the regular review processes by exchanges.

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