Delisting process - BitBay (BAY)

As MyCointainer continues to integrate only the best digital assets, we are now rebalancing our portfolio. This will allow the company to manage and focus the remaining assets to be more profitable investments. After in-depth thoughts and discussions one of the assets will be delisted.

Delisting process - BitBay (BAY)
Delisting process - BitBay (BAY)

Dear MyCointainer Community,

As MyCointainer continues to integrate only the best digital assets, we are now rebalancing our portfolio. This will allow the company to manage and focus the remaining assets to be more profitable investments. After in-depth thoughts and discussions one of the assets will be delisted.

Therefore, we'll soon be delisting BitBay (BAY) from our staking platform. Due to several technical problems with BitBay wallet software we decided to delist this coin to apprehend further difficulties, and protect our user’s fund. Fortunately, our team has been able to fix all previous problems and we can process withdraws of this coin.

Aforementioned coin will be available for withdrawal until April 24, 2022. After this time if funds are not withdrawn, will be lost.

IMPORTANT: Withdraws of BAYR (BitBay Reserved coin) due to actual state of dynamic PEG received coins, can be frozen on users wallet up to month after receiving them. Coin will show up on user wallet right after withdraw is done, but it is not possible to use them during locked time.

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BAY and BAYR supply are controlled by user votes. At this moment most users had decided to support deflation of the coin by moving more supply into BAYR. BAYR differs from BAY in that it's frozen for a month after receipt in the wallet. The BAYR coin is good for staking but it can't be transferred immediately like BAY.

For inquiries and concerns, feel free to e-mail: contact@helpdesk.mycointainer.com