Cryptocurrency exchange Bitfinex today announced a massive delisting of assets on its platform.
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 26. By 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.

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.