OKEx has announced the withdrawal of 49 exchange pairs from its platform, as it does not fit the inclusion principles of trade volumes. This action will take place on November 30, so customers with open assets with affected assets must be canceled before that date.
According to the description, A few of these markers will be completely removed from the service. Customers who have these cryptoidations in the currency exchange office must withdraw them to other platforms or a personal portfolio before December 14th.
On October 28th, the platform took 50 trading options, especially BTC and ETH pairs, while others were shot with USDT. On this occasion, OKEx monitors various affected tokens in the last group. With BTC and ETH, some customers, such as FirstBlood and Iconomi, whose markets have withdrawn a month ago, will no longer be replaced for USDT and will not withdraw from the platform.
Unaffected by the previous group, District0x has suspended the pair with USDT and will be removed from the stock market.
According to coins, OKEx has a daily average of 192,048 BTC, corresponding to 3.87% of the total market. The fifth largest exchange house worldwide. In addition, it has the most asset and trade pair among the top 5, because according to the data on this page, this platform operates 477 trading options.
TOKENS IS THE MOST EFFECT OF THE MARKET'S POWER
This movement of OKEx reflects that markers are more affected by the downward trend in the market. As recently reported, such assets have seen greater declines than major crypto currencies. Although the study showed a positive trend in the first 10 months of the year, trade volume decreased during November.
However, this decision of OKEx did not adversely affect the price of all tokens. FirstBlood lowered its price, but also retreated district0x, increased its value and increased in trade volume from 8 November to 26 November at 20.00.
Featured images: leungchopan / stock.adobe.com