OKEx to Delist Over 50 Trading Pairs

Total News – Atlanta, GA 10/29/2018. OKEx, one of the largest cryptocurrency exchange, will delist more than 50 trading pairs. The move was done due to weak liquidity and trading volume according to OKEx delisting guideline.

The Hong Kong-based exchange said that it was "to create a robust trading environment and offer the best trading experience".

According to the announcement, the trading pairs will be delisted at 0600 Central European Time on Oct 31. Users are encouraged to cancel their orders of the affected pairs. If the user were not able to cancel in time, the pairs will be canceled by the system  and the asset will be credited to the user's respective account.

"Please note that only the TRADING PAIRS with weak liquidity and trading volume, but NOT THE TOKENS themselves, will be delisted. Other satisfactory trading pairs can still be traded normally," the post added.

Andy Chung, Head of Operations at OKEx stated in a tweet:

"Getting listed is not final. Maintaining a good performance is the key to success. @OKEx_ , our utmost responsibility is to ensure a robust ecosystem for our projects to grow and the best trading environment for our users to experience."

On the same twitter thread, he mentioned that the "housekeeping" was done to "protect the users as well as the trading environment"

According to Coinmarketcap, OKEx is the second largest cryptocurrency exchange based on trading volume.

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