Crypto Special Cases: Airdrops, Forks and Delistings

In the crypto world, there are always special technical events or regulatory changes. Here you can find out how BISON deals with airdrops, network splits (hard forks) and the removal of coins from trading (delisting).

Gift - Airdrops and Free Coins

An airdrop is a distribution of free cryptocurrencies to existing holders of a specific coin. This often happens for marketing purposes or when launching new projects.

Support at BISON: Basically, the coins held in trust by Boerse Stuttgart Digital Custody GmbH as part of the use of BISON do not participate in an airdrop.
Information: If you want to participate in an airdrop, you have the option to transfer the affected cryptocurrency to your external wallet, which participates in the airdrop, in good time before the airdrop.

Technology - Hard Forks (Blockchain Splits)

A hard fork occurs when a blockchain splits into two separate networks – and thus into two different coins – due to disagreements in the community or major technical updates.

Safety first: During a hard fork, the security of your holdings has top priority. To avoid losses, trading as well as deposits and withdrawals for the affected coin may be temporarily suspended.
Credit of new coins: Whether the newly created coin after a hard fork is listed on BISON and credited to customers is decided on a case-by-case basis after a strict review.

Trading - Delistings (Removal of Cryptocurrencies)

Sometimes we have to remove certain cryptocurrencies from our offering (as was the case in the past with Enjin Coin). This usually happens due to regulatory changes, technical security concerns or if a project no longer meets our quality standards.

Transparent advance warning: We always inform you well in advance by email and directly in the app if a coin is removed from trading.
Your options: In the notification you will receive a clearly defined time window. During this time, you can either sell your holdings of this coin normally via BISON or have them paid out to your own external wallet.

Enjin Coin (ENJ) Delisting

Why was trading with Enjin Coin (ENJ) discontinued on BISON?
The Enjin Relaychain is not supported by BISON. Accordingly, trading with ENJ on BISON is discontinued. If you own ENJ on BISON, it is now important to take action.

Until when could I sell Enjin Coin (ENJ) on BISON?
You had the opportunity to sell Enjin Coin (ENJ) until 28/01/2025 inclusive. After that, the sale of Enjin Coin (ENJ) on BISON was discontinued.

How can I have the remaining Enjin Coin (ENJ) on BISON paid out?
You can transfer your Enjin Coin (ENJ) on BISON to your external wallet via the Ethereum blockchain. A direct transfer via the new Enjin Relaychain is not possible.

If you want to learn more about the migration to the Enjin Relaychain, please refer directly to the help centre provided by Enjin at the following link: https://support.enjin.io/hc/en-gb/articles/15492796894737-How-to-migrate-ERC20-ENJ-EFI-tokens-to-Native-ENJ

STORJ Coin (STORJ) Delisting

Why STORJ trading has been discontinued on BISON?

Following a thorough review of the token’s liquidity and trading quality in light of Storj Labs’ Chapter 11 bankruptcy, we have decided to stop offering STORJ trading on BISON from September 15th at 11 p.m.

Until when could I trade STORJ on BISON?

You can trade STORJ on BISON until September 15th at 11 p.m.

Please consider selling your STORJ on BISON. We cannot predict how the value of this cryptocurrency may develop.

How can I withdraw my remaining STORJ from BISON?

To withdraw your STORJ, please use the web application. There you can transfer your STORJ to your external wallet free of charge. Please note that the minimum withdrawal amount is 60 STORJ.

Please consider withdrawing or selling your STORJ from BISON before September 15th at 11 p.m. We cannot predict the future value of this cryptocurrency.

You can also withdraw your STORJ to your wallet after the deadline.

What is the minimum withdrawal amount for STORJ on BISON?

Please note that the minimum withdrawal amount is 60 STORJ. The minimum withdrawal amount is 60 STORJ. If you try to send less than the minimum withdrawal amount, your cryptocurrency will not be sent and you will receive an error message. To withdraw your STORJ, please use the web application.

How long does a STORJ withdrawal from BISON take?

BISON secures your cryptocurrencies using a multi-level security concept. After a successful security check, your withdrawal will be released, and your STORJ will be on its way from BISON to your wallet.

To withdraw your STORJ, please use the web application.

Loopring (LRC) Delisting

What is changing with LRC on BISON and why?

Due to the discontinuation of the project, as officially announced by the Loopring (LRC) developers, BISON will no longer offer trading of LRC as of October 27th at 11:00 p.m.
Buying and selling of LRC will no longer be possible after this date.

Until when can I trade LRC on BISON?

You can trade LRC on BISON until October 27th at 11:00 p.m.

Please consider selling your LRC on BISON. We cannot predict how the value of this cryptocurrency may develop.

How can I withdraw LRC from BISON?

To withdraw your LRC, please use the web application. There you can transfer your LRC to your external wallet free of charge. Please note that the minimum withdrawal amount is 200 LRC.

Please consider either withdrawing or selling your LRC from BISON before October 27th at 11:00 p.m. We cannot predict the future value of this cryptocurrency.

What is the minimum withdrawal amount for LRC on BISON?

The minimum withdrawal amount is 200 LRC. If you try to send less than the minimum withdrawal amount, your cryptocurrency will not be sent and you will receive an error message. To withdraw your LRC, please use the web application.

What does the LRC delisting mean for my LRC holdings on BISON?

You can withdraw your LRC free of charge to your external wallet using the web application, or sell them on BISON until October 27th at 11:00 p.m.

While LRC will no longer appear in the BISON market overview, any LRC tokens you already hold will still be visible in your BISON portfolio and securely held by BISON.

What happens if I don’t withdraw or sell my LRC from BISON by October 27th?

If you do not withdraw or sell your LRC on BISON by October 27th at 11:00 p.m., your tokens will remain securely held with BISON.

You can also transfer your LRC to an external wallet via the web application even after the deadline.

Please consider either withdrawing or selling your LRC before the deadline, as we cannot predict how the value of this cryptocurrency will develop.

How long does a LRC withdrawal from BISON take?

BISON secures your cryptocurrencies using a multi-level security concept. After a successful security check, your withdrawal will be released, and your LRC will be on its way from BISON to your wallet. To withdraw your LRC, please use the web application.

Please note that in certain cases, the Transfer of Funds Regulation (ToFR) applies and additional information or verification may be required for the withdrawal. More information about the ToFR can be found here.

What happens to my open limit and stop orders for LRC on BISON?

All open limit and stop orders for selling LRC on BISON will be automatically cancelled before trading will be discontinued on October 27th at 11:00 p.m.

What happens to my LRC savings plans on BISON?

Your open LRC savings plans will be automatically cancelled when trading is discontinued on October 27th at 11:00 p.m.