Komodo & Ergo call out HTX over pay-to-stay demands

Komodo regularly holds "townhalls" where the team discusses updates and new technologies in its ecosystem.

At the latest townhall, guests from Ergo joined to talk about a pressing issue: the delisting of Komodo and Ergo from centralized exchanges. Both projects were recently removed from HTX. An Ergo developer shared that HTX offered to delay the delisting for $30,000, or make the problem "go away completely" for $100,000. Meanwhile, the Komodo team noted that their token was delisted because they refused to pay for "marketing services," even though they met all liquidity and trading requirements.

Both Ergo and Komodo called this extortion.

But here’s the question: is an exchange really obligated to dedicate server space, computing power, compliance resources, and support staff to coins it doesn’t care to list? I don’t think so. If it’s not interested, it doesn’t have to. Of course, exchanges can be persuaded - with money, for example.

So this isn’t extortion. It’s simply a deal that didn’t happen. If HTX were the only place to trade KMD and ERG, that would be different. But as it stands, users won’t really be hurt by these delistings.

After all, both KMD and ERG are still available for swapping on rabbit.io - with the best rates and no registration required.