OKEx Will Delist Another Wave of Trading Pairs Over ‘Weak Liquidity’
OKEx continues its previously announced removals of tokens and trading pairs blighted by what it says is “weak liquidity.”
OKEx, which announced its intention to begin delisting certain pairs and tokens in October and removed the first batch Oct. 31, will now remove a further 49 trading pairs from its order book.
This, the announcement says, is in order to “create a robust trading environment and offer the best trading experience” for traders.
Some assets will lose certain trading pairs, while withdrawals of 26 tokens are set to disappear altogether starting at 5 a.m. CET Nov. 30.
In comments explaining the impetus behind the policy, OKEx said it was acting in order to “protect the interests of its users,” adding:
“We will strictly monitor all listed projects and implement the delisting / hiding mechanism for substandard projects when necessary.”