One of the world's leading cryptocurrency exchangers, Hong Kong-based OKEx, has announced its intention to remove dozens of trading pairs on its platform. The delisting announcement was published on the company's website.
The official statement notes that in order to create a reliable trading environment and as part of offering a better trading experience to users, OKEx will "clean up" trading pairs with weak liquidity and low trading volume. Termination of support will not affect the tokens themselves.
Tokens with satisfactory parameters can still be traded normally in other pairs and will not be deleted. The list to be excluded includes 58 trading pairs.
Trading pairs are being prepared for removal:
READ/BTC, NGC/ETH/USDT, PRA/BTC, IPC/ETH/BTC, MAG/ETH/BTC, TRA/BTC, VEE/USDT, RCT/BTC/USDT, CBT/ETH/USDT, DNA/BTC/ETH, VIU/ETH/BTC, RCN/ETH, MTH/BTC/USDT, AVT/ETH/USDT, CAG/BTC/ETH, REF/USDT, UKG/USDT, BRD/USDT, ATL/USDT, CAN/BTC, CHAT/ETH, AUTO/USDT/BTC, MTL/USDT, SUB/USDT, EVX/BTC, ICN/BTC/ETH, OAX/BTC, 1ST/BTC/ETH, SDA/BTC, XAS/ETH, AST/BTC/ETH, GSC/BTC, MOT/BTC/ETH, UCT/BTC, AIDOC/BTC, TOPC/BTC, SPF/ETH, ACE/ETH, AMM/BTC/ETH, FAIR/BTC, STC/ETH, XUC/BTC.
Delisting will begin on October 31 at 06:00 Central European Time. Traders are advised to cancel open orders for affected pairs, otherwise the system will do so automatically.
Currently OKEx is one of the four largest exchanges in the world in terms of registered trading volume with approximately 516 trading pairs available on the platform. In addition, OKEx managed to lead the ranking overtaking Binance, increasing daily trading volumes to $404.97 million per day (versus $395.14 for Binance).
Earlier this month, OKEx announced support for four stablecoins - TUSD, GUSD, USDC and PAX, offering users an alternative to Tether (USDT), with a tarnished reputation. In August, the exchange introduced stricter KYC norms that would prevent unverified users from withdrawing funds.
According to https://support.okex.com
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