Steem - Reminder* withdraw all STEEM and crypto assets from Poloniex ASAP
Make sure to withdraw all STEEM and other crypto assets from Poloniex ASAP
I just got another email from Poloniex reminding me to withdraw whatever remaining assets I have in there.
If I do not, it says they will sell those assets for USDC, or send them to the account holder's state (if that is the state mandate for abandoned property in said state).
The email I got today:
If you don't want your steem or other crypto assets sold, you have a little over 3 weeks to get everything out of there.
Any steem not moved by the deadline will be sold...
Per the email, any steem not moved by the deadline will be sold for USDC or transferred to the state, which likely will then be sold as well.
It looks like most have gotten the word:
However, some have not, as there is still 3.4 million steem sitting in Poloniex.
That could represent some selling pressure on steem if the owner of that steem does not transfer it out within the next 3 weeks.
Steem has had enough problems going up without some more unneeded exchange selling sprinkled in.
If you are unsure where to send it, your steem wallet is a great place. Bittrex also has been a pretty good option, and soon hopefully Abra will be one as well.
Depending on where you live, there are some good options listed in here as well:
Stay informed my friends.