After watching and observing the current market prices of Dentacoin we came to the conclusion to pause the BTC-DCN trading on HitBTC due to the unfortunate arbitrage situation given through an additional digit*.
HitBTC will be pausing DCN/BTC market on December 12, starting from 14:00 UTC.
All existing orders (buy and sell) will be cancelled and can be put up again after the pause.
The representation of DCN on HitBTC remains as before, i.e. trading on the DCN/ETH and DCN/USDT markets will not be affected.
Once the market price had the chance to recover, we will continue the BTC-DCN trading on HitBTC.
* Background information: As per our community request and after thorough observation from our side, we decided to pause the trading of Dentacoin (DCN) against Bitcoin (BTC) on HitBTC exchange due to the impossible reduction of decimal places on the HitBTC platform. Unlike most of the other platforms, HitBTC implies an additional 9th decimal place when the price is below 1 Satoshi which affects negatively the current price of the Dentacoin token.
Originally published at Dentacoin blog.