Popular cryptocurrency exchange OKEx announced that it will delist low-liquidity tokens. The first large batch, more than 50 trading pairs with low trading volumes, was removed from the platform in October last year.
According to exchange managers, delisting is the creation of a reliable trading environment and a better experience for users. The impaired trading pairs were designated by the exchange as having weak liquidity and low trading volume. The full list of deleted pairs can be viewed on exchange website.
OKEx stated that the above pairs will be canceled at 5:00 am (UTC + 1) on November 30 this year. Users are advised to withdraw their orders before the specified time. All orders that are active and associated with these pairs at the time of delisting will be automatically canceled and the system will credit them to users' trading accounts.
OKEx further states that withdrawals of the 26 affected tokens will only be supported until 5am (UTC+1) on December 14, 2018. The exact instructions that list the affected tokens are as follows:
For users who support VEE, LEV, AVT, CBT, WRC, QVT, MTL, DNA, DNT, OAX, 1ST, CAG, UKG, BRD, SAN, ICN, ATL, SUB, REQ, NGC, AMM, LA, DENT, CIT, DAT or MAG: Immediately withdraw tokens to other platforms or to your wallet!
The delisting of trading pairs is in line with the operating principles of the crypto platform, which it mentioned in the announcement, once again reminding users that trading digital assets always involves financial risks.
You May Also Like
Coincheck comes back to life
Nearly nine months after the largest hack in the history of the crypto industry, Coincheck has opened new user registrations and resumed trading on a limited basis.
Derivatives exchange ErisX will become a regulated cryptocurrency exchange
ErisX will sell derivatives, provide clearing house services, and trade equity futures and spot contracts.
