Leading crypto exchange OKEX announced their plan to delist 58 trading pairs linked to 42 digital assets/tokens, due to weak liquidity, in a post published on their website. The trading volume of these trading pairs said to be too low to continue supporting them on the platform.
The list of coins that are getting delisted:
|Ticker||Token Name||Trading Pair to Be Delisted|
|MAG||Maggie||ETH , BTC|
|RCN||Ripio Credit Network||ETH|
|CAN||Content and AD Network||BTC|
|GSC||Global Social Chain||BTC|
|MOT||Olympus Labs||BTC, ETH|
Execution time: The platform will delist the above trading pairs at 06:00 Oct 31, 2018 (Central European TIme). OKEx informed their users to cancel their orders of the affected pairs from their platform. Orders that aren’t canceled in time will be canceled by the system and assets will be credited to the respective user accounts.
“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. We will strictly monitor all listed projects and implement the delisting / hiding mechanism for substandard projects when necessary. Protecting the interest of our users is always the essence of our service. We appreciate your understanding, support, and cooperation in this case.” quotes the announcement.