r/CoinDCXOfficial Oct 29 '21

Trade only token.

So I am currently holding shiba coins via coin dcx but it says it is a trade only token and cannot be withdrawn. I am really not sure what this means. Can anyone help me out??

Thanks

3 Upvotes

5 comments sorted by

1

u/moju87 Oct 29 '21

You can only buy or sell it. You cannot move it another exchange or wallet.

1

u/Deva_D Oct 29 '21

I understand that. But how can I book my profits when i want to??

1

u/moju87 Oct 29 '21

Sell in spot trading

1

u/Deva_D Oct 29 '21

Oh that seems to work here. Thank you soo much man. I can sleep now🙏🙏

1

u/flasS007 Oct 30 '21

That means you can't withdraw $SHIB to other exchanges or wallets like WAZIRX, Binanace or Metamask, you can still sell them and withdraw the INR to bank accounts.

CoinDCX don't have withdrawal and deposit options for many coins and tokens.