Cryptocurrency Exchange OKEX Delist 42 Trading Pairs From Its Platform

Hong Kong leading exchange Okex made an announcement to delist 42 trading pairs from its platform on Oct 31.

As the trading pairs fail to meet OKEX’s listing requirements, the platform decides to delist them. Analyzing the tokens including Iconomi, read and prochain, pairing with Bitcoin seems to have “weak liquidity and trading volume.”

Delisting of Trading Pairs

According to Okex on delisting pairs, this move will drive in a robust trading environment. Meanwhile, the platform mentions in a separate online statement, saying,

Users should cancel their orders of the affected pairs from our platform. If your order is not canceled in time, the order will be canceled by the system and your asset will be credited to your trading account.

Some tokens that were affected include Maggie, prochain, Maggie and travel, etc. These all are either a pair with BTC, ETH or USDT. Realchain, commerceblock, viuly, monetha, aventus, will also add to the delisting category. However, Okex exceptionally indicates that the read token delisting was voluntary.

OKEX Decides On Cleaning Up

Moreover, the Head of operations at OKEX, Andy Cheung said,

Get the listing is not final. Maintaining good performance is the key to success. Housekeeping is necessary. Our utmost responsibility is to ensure a robust ecosystem for our projects. Basically, to grow and the best trading environment for our users to experience.

OKEx is the second leading crypto trading platform with respect to daily trade volume. Currently, the exchange provides around 400 tokens with futures trading pairs counting index trackers.

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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