Main Hong Kong-primarily based cryptocurrency exchange OKEx announced it was delisting a next swathe of trading pairs thanks to “weak liquidity” in a weblog write-up Nov. 27.
OKEx, which declared its intention to get started delisting specific pairs and tokens in Oct and eradicated the to start with batch Oct. 31, will now clear away a even more 49 trading pairs from its buy book.
This, the announcement claims, is in purchase to “create a robust trading surroundings and supply the very best trading experience” for traders.
Some property will shed specific investing pairs, even though withdrawals of 26 tokens are established to vanish altogether starting off at 5 a.m. CET Nov. 30.
In reviews detailing the impetus driving the plan, OKEx said it was acting in purchase to “protect the interests of its buyers,” adding:
“We will strictly keep an eye on all listed initiatives and put into practice the delisting / hiding system for substandard tasks when vital.”
Consistently topping quantity charts, OKEx is at present the second-most significant trade in the planet by volume, with only Binance managing extra price for every day.
At the identical time, officers have opted to insert a string of new tokens in the variety of stablecoins, four of which debuted at the same time past thirty day period.