Okex will hold delisting of 42 trading pairs
When the largest daily trading volume stock exchange in the world excludes from the list of many assets, it something Yes means.
Hong Kong cryptocurrency exchange Okex ahead of Binance. Perhaps at the top of the rating it will not last for long, but so far the performance of this platform look very impressive – $404,97 million per day (vs. $395,14 have Binance).
31 October 2018 Okex will hold delisting of 42 trading pairs. The company said that excluding the crypt like Read (READ), ProChain (PRA) and Iconomi (ICN) from the list (all assets and Packed in pairs) is due to the low liquidity and trading volumes. Delisting, according to Okex, “healthier trading environment”.
Here is a full list of the planned removal of the trading pairs: 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.
“The list of assets for delisting can change, – said Andy Cheung, head of production Okex. But cleaning list. Our responsibility is presented at the exchange projects is to provide a trading environment which is essential for the growth and development of these services. But we must admit that not all of the blockchain startups in line with our expectations. So we had to take action to solve this problem.”
While Chung said that to remove from the list of the exchange will only trade the pair with weak liquidity. If the token is showing good results paired with another asset, it will not touch. “We will strictly control all of these projects and implement a delisting mechanism for pairs with low liquidity and only when necessary,” added Andy.