March 31, 2023

Bitfinex continues mass delisting

Bitfinex continues mass delisting

The Bitfinex cryptocurrency exchange plans to remove 87 trading pairs that showed low liquidity.

AT statement of the exchange indicated that trading 87 pairswill be discontinued on March 26th. Exchange employees advise users with open orders to close them before the specified date. Orders that will not be closed until March 26 will be automatically canceled by the system.

The following tokens can no longer be traded in pairs with ETH and BTC:

Dether, DATA, Bancor, SingularityNET, Request, WePower, UTRUST, SingularDTV, Ripio Credit Network, Polymath, Raiden Network, Storj, QASH, Zillinqa, SpankChain, WAX, 0chain, Aventus.

Paired with ETH only:

Dragonchain, Essentia, Content NeutralityNetwork, MobileGO, Melon, Rate3, YOYOW, POA Network, Waltonchain, ABYSS, Medicalchain, CommerceBlock, Sentient Coin, iExec, Ether Kingdoms Token, ORS Group, Enjin Coin, Internet Node Token, AirSwap, Edge, Xriba, VeChain, Loopring, Aion, BLOCKv, Kyber Network, Swarm, Gnosis, Decentraland, Qtum, Upfiring.

The exchanger also delists three pairs with Tether, including Gatechain Token (GTX / USDt), ZB Token (ZB / USDt) and Dragon Token (DT / USDt). Fiat couples XVG / EUR and XVG / GBP will also be deleted.

Representatives of the exchanger said:

This decision was made after carefulanalysis, which was carried out for about six weeks. We found that these pairs consistently demonstrate low liquidity. The exchange takes such measures in order to concentrate trading on fewer pairs.

Recall that earlier this month, 46 trading pairs were deleted from Bitfinex. The leaders of the site also called low liquidity the reason for the delisting.