A new announcement coming from the official website of one of the most popular cryptocurrency exchanges OKEx is in the latest crypto news. The announcement states the delisting of even 38 different cryptocurrency trading pairs.
The exchange announced the delisting directly to its customers, explaining that it is mainly due to the low volume and liquidity of those trading pairs. Some of the most notable delisted pairs include the names of Bread (BRD/ETH), Datum (DAT/BTC/ETH/USDT), and LAToken (LA/ETH), as well as others.
What’s interesting is that Bread once had a market cap of more than $192 million and was priced over $3 per token, according to data from Coinmarketcap.com. Currently, the market cap is at $18.7 million and $0.21 per token which shows a major decrease and price wear and tear thanks to the bear market.
DELISTING OF TRADING PAIRS: We will delist several TRADING PAIRS with weak liquidity and trading volume according to the OKEx Token Delisting / Hiding Guideline. #OKExAnnouncementhttps://t.co/cjcYf8EQcd
— OKEx (@OKEx) November 27, 2018
The listed pairs will be removed on November 30th. According to the announcement:
“Users should cancel their orders of the affected pairs from our platform. If your order is not canceled in time, the order will be canceled by the system and your asset will be credited to your trading account.”
OKEx is not the only exchange delisting trading pairs. Earlier this year, The Next Web reported on the 84 crypto assets that were delisted from the Bittrex exchange, most of which lesser-known assets.
Coinbase Adds PayPal Withdrawals To Its Platform (For U.S. Citizens)
“There is new technical work to make this possible, and that was done in conjunction with PayPal.”However, this Friday Osgood wrote that the partnership provides Coinbase customers an alternative to the traditional federal wire or automated clearing house (ACH) network that they were required to use. As he said:
“These traditional finance networks can add up to two business days to a withdrawal. We’re always looking for ways to not only meet the bar set by traditional finance, but raise it. That’s why we rebuilt our integration to ensure that the speed and reliability of PayPal withdrawals does just that.”The service is for now only available to customers in the United States, but could continue to be added to other nations across 2019, as Osgood wrote.
Bitcoin Plunges To A Yearly Low, Market Is ‘Prepared’ To Go Below $100 Billion
“As BTC is approaching the target of the 2014 fractal the targets of most people change from 3k to 1k and even lower. I still think $2,700 is an excellent place to buy if we should go there. ‘History doesn’t repeat itself but it often rhymes.’”Currently, there is a big risk in shorting and longing Bitcoin and other major cryptocurrencies in the market, which is why investors are observing the short-term trend of the crypto market by holding out on their trading activity.
TRON’s DApp Usage Jumps 48% To +1 Million Transactions Last Week
“This week, the 24-hour transaction number for Dapps reached 1.04M, a 48% increase compared with last week; the 24-hour trading volume hit 640M TRX, an 151% increase compared with last week. We have seen significant increases in both indexes […]”One of the most interesting projects built on Tron is Seedit which is a decentralized platform that lets users contribute funds to the content creators that they most appreciate. Project Atlas is also a well-known project which incentivizes people to seed content on the BitTorrent protocol, which was acquired by Tron back in July this year.
Bitcoin Cash Drops Again By 15 Percent While Other Cryptocurrencies Take A Stronger Hit
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