OKEX to Remove More than 50 Exchange Sets From its Listing
Deregistration of digital currencies by some of the largest traders has been a typical occurrence in the cryptosphere in the previous month. The deregistration began when Binance stopped all exchange of the four crypto-resources namely: Bytecoin, Chatcoin, Iconomi and Triggers. OKEX is now delisting Bytecoin as well as others from its services.
OKEX To remove More than 50 Exchange Sets however Not the Specific Tokens
In a declaration on Oct 25, OKEX reported that it was deregistering 58 exchangie sets connected to 42 coins. The two purposes of delisting given by the trader are: foremost, the exchange sets had a frail liquidity, and second, the volume of these exchange sets was so low that they fail to support themselves on the platform. The delisted tokens and exchange sets are recorded underneath.
The Due date: Oct 31
The declaration additionally gave the due date of Oct 31 from 0600hrs, CET. Clients are informed to drop their requests with respect to the affected sets prior to the due date. In the event that requests are not dropped in time, the framework will drop them automatically and the amounts will be refunded to the clients' trading accounts.
Just Exchanging Sets, Not Tokens
The trader proceeded to clarify that the delisting just influenced exchange sets and not the individual tokens:
Take note of that just the exchange sets with frail liquidity and trading volume, however NOT the specific TOKENS, will be deregistered. Other attractive exchange sets can in any case be exchanged as normal.