OKEx Removes 49 Altcoin Trading Pairs, Planning To Be Closed By December 14

The crypto market is not in a good time right now, anyone can easily see it. Because of this, OKEx has delisted 49 trading pairs. The major Hong Kong-based crypto exchange has posted the announcement today, November 27, and it claims that the main reason why it will delist these trading pairs is that they are currently lacking in the liquidity department.

OKEx first announced that it would start delisting tokens in October. At the end of October, the company decided to remove the first batch of assets that did not have enough liquidity for investors to trade them anymore.

Now, it has announced that it will delist almost 50 other trading pairs from its order book in an effort to be sure to give traders a robust trading environment and the best possible trading experience on the platform. The announcement is clear: these are dead tokens.

This is not slightly surprising as they are most likely the new victims of the hungry bear market that is claiming the lives of so many tokens that were created by Initial Coin Offerings (ICOs) last year and swiped by the market this year.

While some of the assets will only lose the trading pairs in which they are not being traded, from these over 40 tokens, 26 will be completely removed from the platform, so you really should check it out whether you are investing in one of them or not.

The trade of tokens will be available until November 30 and then you will only be able to withdraw the tokens for a few days on the platform before these assets are lost forever. Withdrawals will be supported only until December 14. If you do not take your tokens home before that, the company will simply throw them away and you will lose access.

If OKEx, the second largest exchange in the world, is set to delist these tokens, you should really get away from them because most of them should be doomed to extinction soon while a few exceptions.

The Full List

You can read the full list of trading pairs that were affected by the delisting here:

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