Bitfinex, a Hong Kong-based cryptocurrency exchange and one of the largest in the market, will be delisting 87 trading pairs in an attempt to improve liquidity on the platform.
“The removal of these trading pairs will serve to consolidate and improve liquidity on Bitfinex, leading to a more streamlined and optimised trading experience for our users,” a release from the company notes.
These trading pairs will be removed on the 26th of this month, starting at 10 AM UTC.
Some of the pairs to be removed are:
Dether (DTH/BTC), (DTH/ETH); DATA (DTA/BTC), (DTA/ETH); Bancor (BNT/BTC), (BNT/ETH); SingularityNET (AGI/BTC), (AGI/ETH); Request (REQ/BTC), (REQ/ETH); WePower (WPR/BTC), (WPR/ETH); UTRUST (UTK/BTC), among many others.
However, it’s worth noting that these tokens are still tradable on the platform. It’s just the trading pairs, mostly to Bitcoin and Ethereum, that have been delisted.
Recently, Bitfinex was in the news for supporting the Bitcoin SV fork from the original Bitcoin network. On top of this, the exchange recently put in margin trading for Tether Gold and allows for up to 5x leverage as well.