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Bitfinex To Cease Trading For 46 Trading Pairs With Low Liquidity
Summary: Bitfinex, the cryptocurrency exchange, will be removing dozens of cryptocurrency trading pairs later this week, according to a blog post on Monday. Bitfinex plans to remove 46 crypto trading pairs on Friday, March 6, in an attempt to improve liquidity on the platform. The majority of pairs being removed on Friday include a wide list ...
Bitfinex, the cryptocurrency exchange, will be removing dozens of cryptocurrency trading pairs later this week, according to a blog post on Monday.
Bitfinex plans to remove 46 crypto trading pairs on Friday, March 6, in an attempt to improve liquidity on the platform.
The majority of pairs being removed on Friday include a wide list of altcoins trading against Ether (ETH), the second-biggest cryptocurrency by market cap. That list includes about 30 trading pairs including altcoins like OKEx token (OKB), Verge (XVG) and Nucleus Vision (NCASH).
Another 16 trading pairs include altcoins trading against Bitcoin (BTC), including pairs like Hydro Protocol (HOT)/BTC and Medicalchain (MTN)/BTC. Other trading pairs include two altcoins traded against Dai (DAI): OmiseGO (OMG)/DAI, 0x (ZRX) /DAI, and one trading pair with Japanese Yen, XVG/JPY.
Bitfinex recommends that users terminate any open orders with the above trading pairs before March 6 10:00 AM UTC, stating that all remaining open orders will be automatically terminated by the system.
By Ramsey Baker
Tags: Bitfinex,Liquidity,removing,trading pairs
Link: Bitfinex To Cease Trading For 46 Trading Pairs With Low Liquidity [Copy]
