Hong Kong cryptocurrency exchange OKEx announced the delisting 38 cryptocurrency (49 trading pairs). Trade assets closed today, 30 November at 07:00 Moscow time. Among the cryptocurrency, which will no longer be on the platform, BRD, DENT, KEY, OST and many others — full list on the website of the exchange.
It should be noted, to OKEx this is the third round of delisting this year. The exchange routinely “cleans up” its platform to the extent that, as a team, calling it a “cleaning fee”, shall ascertain that a certain trading pair is inactive.
“As leaders, we are responsible for providing a reliable ecosystem. To be listing imprudent or have 795 pairs trade means to put the interests of the traders risk. Cleaning necessary. We need to take action against the token, not cope with their tasks,” — said earlier the head of the operations division OKEx Andy Cheung (Andy Cheung).
Last month, the exchange announced the termination of work with 42 crypto-currencies traded in pairs 58, while the first round of delisting included 28 trading pairs and 20 cryptocurrencies. Thus, in total the platform has gone 135 trading pairs.
The process was preceded by OKEx its “Policy of delisting”, clarifying the nuances of the review performed by the staff of the exchange.
First, it evaluates the team projects. If there had been any significant changes in a chosen business model or team is faced with some delays of a legal nature, this is the reason for the delisting of the asset.
Second, OKEx analyzes the trading volume of tokens, selecting those in which “average daily trading volume of the pair is less than 5 BTC, for 7 consecutive days, or any applications not posted in trading pair for 24 hours.”
And finally, the developers discuss the project. For example, if not updated information about the project on social media or on GitHub, he is a candidate for removal from the platform. Another important factor is safety: the terms “Policy”, staff OKEx must be sure that the exchange is not possible to invest in blackany whose future is questionable.
Add, another thing which is gaining popularity stabilini. So, at the end of October, the exchange held a listing of the four new coins, provided the dollar.
