Cryptocurrency exchange Bitfinex today announced a massive delisting of assets on its platform.
In total, 28 tokens are subject to delisting: AirSwap (AST), Aventus (AVT), Contentbox (BOX), Cindicator (CND), Cortex (CTXC), DragonChain (DRGN), DATA (DTA), Dragon Token (DTX), DAOstack (GEN), Hydro Protocol (HOT), IOS (IOST), MATRIX (MAN), MobileGO (MGO), MedicalChain (MTN), Nucleus Vision (NCASH), OKEX (OKB), OnLive (ONL), Ripio Credit Network ( RCN), Request Network (REQ), RSK Infrastructure Framework (RIF), Swarm (SWM), Tripio (TRIO), Monolith (TKN), BLOCKv (VEE), V Systems (VSYS), WePower (WPR), Waltonchain (WTC ) and Xriba (XRA).
The company explains its decision by striving to provide the best trading experience for users. Most of these assets were placed through ICOs in 2017-2018 and since then have lost their relevance in the market. Also on the list was the own token of the OKEx exchange (OKB), which retains significant popularity, but almost does not circulate on Bitfinex.
“This decision was made following a continuous monitoring of all submitted projects and assessing their compliance with the listing requirements,” adds Bitfinex.
Deposits in these tokens are no longer accepted, trading will be stopped on March 26th. Before April 16, users need to withdraw them from the platform.
Bitfinex is currently ranked # 5 on CoinMarketCap’s spot exchanges with a daily trading volume of around $ 1 billion.