Experience Refined Trading

Introduction

At PayZila, we uphold the highest standards of integrity and security as a leading cryptocurrency trading platform. To safeguard the quality of our listings and protect our users, PayZila retains the authority to delist and remove any coin/token from our exchange under specific circumstances. This policy outlines the criteria and procedures governing the delisting of coins/tokens on the PayZila platform.

Criteria for Delisting

PayZila may initiate delisting of a coin/token under the following circumstances:

Project Discontinuation: The initiator or official project team requests delisting, or the project is terminated.
Legal Issues: The project is involved in legal disputes affecting its viability.
Low Trading Volume: The daily trading volume falls below $7,000 equivalent for 15 consecutive days.
Misrepresentation or Fraud: The project withholds or provides inaccurate information, endangering users through scams, fraud, manipulation, or security threats like exchange hacking.
Non-Cooperation: Refusal by the project team to cover costs related to platform upkeep, including system upgrades, wallet updates, and blockchain changes.
Non-Payment: Failure to settle overdue listing fees or server usage fees owed to PayZila.
Breach of Terms: Violation or non-fulfillment of any terms outlined in agreements, terms and conditions, or platform usage policies.

Evaluation Criteria

Strong Project Ideal: Projects must be supported by a robust and credible team with professional technical expertise.
Compliance:Adherence to regulatory compliance and absence of policy risks.
Transparency: Complete and honest disclosure of information, including whitepapers and progress reports.
Liquidity and Trading Volume: Projects should demonstrate adequate liquidity and healthy trading volumes on reputable exchanges.
Product Viability: Availability of a working product or Minimum Viable Product (MVP).
Roadmap: Clear roadmap with milestones and adherence to deadlines.
Team Track Record: Track record of successful projects and team credibility.
Market Value: Assessment of the project's market relevance and customer appeal.
Social Media Presence: Active and engaging presence on social media platforms.
Project Reports: Regular updates on project development and responsiveness to user inquiries.

Acceptance of Payments in Coins/Tokens

PayZila may accept payments in coins/tokens if the project meets stringent criteria:

High Liquidity: Demonstrated high liquidity and robust trade volumes on recognized exchanges.
Positive Evaluation: Project deemed beneficial and advantageous by the PayZila team for other compelling reasons.

Delisting Procedure

Prior Notification: PayZila notifies the initiator or project team in advance, detailing reasons for potential delisting and providing an opportunity to respond.

Review Process: Responses are reviewed thoroughly, considering outlined criteria to determine delisting necessity.

Delisting: If warranted, the coin/token is delisted from the exchange, and associated trading pairs are removed.

Notification: Users are promptly informed of delistings through official PayZila channels, including the website and social media platforms.

PayZila's delisting policy underscores our commitment to platform integrity and user security. By upholding these standards, PayZila aims to shield users from potential risks associated with coins/tokens that no longer meet our stringent listing criteria.

Conclusion