On March 6, Bitfinex Exchange will delist 46 trading pairs

Crypto News | Cryptocurrencies

The Bitfinex cryptocurrency exchange announced that on March 6 it will delist 46 trading pairs with ether, bitcoin, stablecoin DAI and Japanese yen due to their low liquidity.

Bitfinex explained that trading pairs will be removed to increase liquidity on the site, to optimize trading and increase their efficiency.

Most trading pairs falling under the “reduction” are in conjunction with the ether:

Fusion (FSN/ETH), Scorum (SCR/ETH), Credits (CSX/ETH), On.Live (ONL/ETH), Statis Euro (EUS/ETH), Atonomi (ATM/ETH), AidCoin (AID/ETH), Aelf (ELF/ETH), Auctus (AUC/ETH), DAOstack (GEN/ETH), Mithril (MIT/ETH), Seer (SEE/ETH), Yggdrash (YGG/ETH), Contentbox (BOX/ETH), Lympo (LYM/ETH), BnkToTheFuture (BFT/ETH), OKEX (OKB/ETH), Blockpass (PAS/ETH), Loom Network (LOO/ETH), Verge (XVG/ETH), MATRIX AI Network (MAN/ETH), FOAM (FOA/ETH), Tripio (TRI/ETH), Vetri (VLD/ETH), Nucleus Vision (NCA/ETH), Universa (UTN/ETH), Cortex (CTX/ETH).

In addition, delisting will affect some pairs with bitcoin:

CommerceBlock (CBT/BTC), Edge (DAD/BTC), ORS Group (ORS/BTC), BLOCKv (VEE/BTC), Nectar Token (NEC/BTC), Nucleus Vision (NCA/BTC), Sentient Coin (SEN/BTC), Everipedia (IQX/BTC), POA (POA/BTC), Lympo (LYM/BTC), Hydro Protocol (HOT/BTC), YOYOW (YYW/BTC), Atonomi (ATM/BTC), AidCoin (AID/BTC), Medicalchain (MTN/BTC), Essentia (ESS/BTC).

Two trading pairs will be removed from DAI: OmiseGO (OMG / DAI) and 0x (ZRX / DAI), as well as one with the Japanese yen: Verge (XVG / JPY). Bitfinex recommends that traders independently cancel all open orders in the specified pairs until March 6, otherwise the system will do this automatically.

In September, the Binance cryptocurrency exchange also removed a large number of inactive trading pairs to improve liquidity, and in August, the South Korean Bithumb exchange announced that it would monthly review the list of traded digital assets and stop trading in cryptocurrencies with poor market performance.