Bitfinex Delisted 87 Trading Pairs Due to Low Liquidity

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Summary

Bitfinex cryptocurrency exchange conducts spring cleaning, as a result, 87 trading pairs with inadequate liquidity were removed from the trading list. The total delisting for March reached 133 trading pairs. Among the delisted trading pairs there are well-known in the crypto industry. According to Bitfinex CTO Paolo ARDOINO, the catalyst was insufficient liquidity and low trading volume. Ardoino also added that this step was made to optimize trading activity: Bitfinex is trying to concentrate coin liquidity in one trading pair, such as the US dollar.

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Bitfinex cryptocurrency exchange conducts spring cleaning, as a result, 87 trading pairs with inadequate liquidity were removed from the trading list. The total delisting for March reached 133 trading pairs. According to Bitfinex CTO Paolo ARDOINO, the catalyst was insufficient liquidity and low trading volume. Ardoino also added that this step was made to optimize trading activity: Bitfinex is trying to concentrate coin liquidity in one trading pair, such as the US dollar. Among the delisted trading pairs there are well-known in the crypto industry. These include Bancor (BNT), Request (REQ), Polymath (POY), Storj (STJ), QASH (QSH), Zilliqa (ZIL), SpankChain (SPK), UTRUST (UTK). Trading pairs with ETH are also delisted, including Decentraland (MANA) and Qtum (QTM).

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