Bitstamp Halts Trading for Polygon (MATIC) and Six Other Tokens in the US

Cryptocurrency exchange Bitstamp will suspend trading of Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near (NEAR), Sandbox (SAND) and Solana (SOL) for US users beginning August 29th. Bitstamp, the longest-running crypto exchange, is set to halt trading of seven tokens in the United States that were all recently called unregistered securities by the U.S. This decision impacts users in the United States.

The announcement states that users will be able to hold and withdraw the affected tokens even after the trading halt takes effect. However, Cryptocurrency exchange Bitstamp will suspend trading of Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near (NEAR), Sandbox (SAND) and Solana (SOL) for the users in the US.

Bitstamp has announced that it will halt trading on Polygon and six other tokens in the US. Beginning August 29, Bistamp will suspend the trading of Axie Infinity (AXS), Decentraland (MANA), Chiliz (CHZ), Sandbox (SAND), and Solana (SOL) for the users in the US. Moreover, the announcement states that users will be able to hold the

Many users may be asking, What do you mean by trading halt? It means we’re disabling new orders and cancelling existing orders for all pairs of the affected cryptocurrencies. Holding and withdrawals, however, remain unaffected. Bitstamp emphasizes that while trading will be suspended, users will still be able to hold and withdraw their tokens.