Cryptocurrency news

Bitfinex exchange will delist 46 trading pairs on March 6

Bitfinex exchange will delist 46 trading pairs on March 6

Cryptocurrency exchange Bitfinex reported that on March 6, it will delist 46 trading pairs with ether, bitcoin, stablecoin DAI and the Japanese yen due to their low liquidity.

Bitfinex explained that trading pairs will be removed to increase liquidity on the site, to optimize trading and increase their efficiency. Most trading pairs that fall under the “reduction” are in conjunction with ether:

Fusion (FSN/ETH), Scorum (SCR/ETH), Credits (CSX/ETH), On.Live (ONL/ETH), Statis Euro (EUS/ETH), Atonomi (ATM/ETH), AidCoin (AID/ETH), Aelf (ELF/ETH), Auctus (AUC/ETH), DAOstack (GEN/ETH), Mithril (MIT/ETH), Seer (SEE/ETH), Yggdrash (YGG/ETH), Contentbox (BOX/ETH), Lympo (LYM/ETH), BnkToTheFuture (BFT/ETH), OKEX (OKB/ETH), Blockpass (PAS/ETH), Loom Network (LOO/ETH), Verge (XVG/ETH), MATRIX AI Network (MAN/ETH), FOAM (FOA/ETH), Tripio (TRI/ETH), Vetri (VLD/ETH), Nucleus Vision (NCA/ETH), Universa (UTN/ETH), Cortex (CTX/ETH).

In addition, delisting will affect some pairs with bitcoin: CommerceBlock (CBT/BTC), Edge (DAD/BTC), ORS Group (ORS/BTC), BLOCKv (VEE/BTC), Nectar Token (NEC/BTC), Nucleus Vision (NCA/BTC), Sentient Coin (SEN/BTC), Everipedia (IQX/BTC), POA (POA/BTC), Lympo (LYM/BTC), Hydro Protocol (HOT/BTC), YOYOW (YYW/BTC), Atonomi (ATM/BTC), AidCoin (AID/BTC), Medicalchain (MTN/BTC), Essentia (ESS/BTC).

Two trading pairs will be removed from DAI: OmiseGO (OMG/DAI) and 0x (ZRX/DAI), as well as one with the Japanese yen: Verge (XVG/JPY). Bitfinex recommends that traders cancel all open orders in these pairs by March 6, otherwise the system will do it automatically.

In September, the Binance cryptocurrency exchange also removed a large number of inactive trading pairs to improve liquidity, and in August, The South Korean bithumb exchange announced that it would review the list of traded digital assets on a monthly basis and stop trading cryptocurrencies with poor market performance.