“This decision was made after we tracked the currency pairs for 6 weeks and noticed low liquidity. We made the cancellation to focus transactions on other pairs. ”
List of cryptocurrency trading pairs will be deleted
Bitfinex also added that such a move is an independent activity to focus on liquidity for trading pairs with less volume.
For pairs related to Bitcoin and Ethereum include: Dether (DTH / BTC), (DTH / ETH); DATA (DTA / BTC), (DTA / ETH); Bancor (BNT / BTC), (BNT / ETH); SingularityNET (AGI / BTC), (AGI / ETH); Request (REQ / BTC), (REQ / ETH), and some other coins.
Among the Ethereum-only pairs include Dragonchain (DRN / ETH), Monolith (TKN / ETH), Essentia (ESS / ETH), Hydro Protocol (HOT / ETH), Content Neutrality Network (CNN / ETH), MobileGO (MGO). / ETH), Melon (MLN / ETH), Rate3 (RTE / ETH), YOYOW (YYW / ETH), POA Network (POA / ETH), and a few other names.
The list of pairs that only eliminate Bitcoin is as follows: Cortex (CTX / BTC), Fusion (FSN / BTC), Mithril (MITH / BTC), Aelf (ELF / BTC), Seer (SEE / BTC), Project Pai (PAI / BTC), Cindicator (CND / BTC), Recovery Right Token (RRT / BTC), Auctus (AUC / BTC), FunFair (FUN / BTC).
The tokens related to Tether will be removed as Gatechain Token (GTX / USDt), ZB Token (ZB / USDt) and Dragon Token (DT / USDt).
The exchange said users can now cancel any open orders of the above pairs before March 26. If delisting orders are still open, they will be automatically canceled by the system.
Previously canceled trading pairs
Prior to this announcement, Bitfinex also had similar moves. As Toiyeubitcoin reported on March 2, the exchange canceled 46 pairs of coins on the grounds of low liquidity.
In other developments, Bitfinex recently announced the launch of Tether Gold-backed coins, thereby allowing users to trade futures contracts on Tether Gold (XAU ₮) with Tether. .
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According to CoinTelegraph
Translated by ToiYeuBitcoin