OKEx announced 49 withdrawals from its platform, due to the fact that its trading volume was not in accordance with the inclusion guidelines. This action will take place on November 30, so customers who have an open market with affected assets must cancel it before this date.
According to the statement, some of these tokens will be completely removed from the service. Customers who have funds in these cryptoactives in the exchange office must withdraw them to another platform or to a personal portfolio before December 14.
On October 28, the platform attracted 50 trading options, mainly pairs with BTC and ETH, but also some with USDT. On this occasion, OKEx tracked a number of tokens that were affected in the last group. Some, such as First Blood and Iconomi, whose markets with BTC and ETH were withdrawn a month ago, will no longer be exchanged for USDT and withdrawn from the platform.
District0x, which was not affected in the previous group, also saw partners with USDT suspended and will be removed from the exchange.
According to Coinhills, OKEx handles an average daily volume of 192,048 BTC, equivalent to 3.87% of the total market, which makes it a The fifth largest exchange house in the whole world. In addition, among the first 5, he has the most assets and trading partners because, according to the data on this page, this platform operates 477 trading options.
TOKEN AFFECTED TOO MUCH FALL MARKETS
This OKEx movement shows that tokens are more influenced by declining market trends. As recently reported, this type of asset has seen a bigger decline than the main cryptocurrency currency. This study shows that, although they showed a positive trend in the first 10 months of this year, their trading volume declined during November.
However, this decision by OKEx did not have a negative impact on the price of all the tokens withdrawn. FirstBlood reduced its price, but district0x, which was also withdrawn, increased its value and showed an increase in trading volume between 8pm from 26 to 8 nights on November 27th.
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