Bitfinex will eliminate a large list of trading pairs due to its low liquidity
The Bitfinex cryptocurrency exchange has announced the exclusion of several trading pairs due to its low liquidity. These are tokens linked to Ethereum, Bitcoin, DAI and Japanese Yen.
Are here Bitfinex deleted tokens that are paired with Ethereum:
- Fusion (FSN / ETH),
- Scorum (SCR / ETH),
- Credits (CSX / ETH),
- Live (ONL / ETH),
- Euro statistics (EUS / ETH),
- Atonomi (ATM / ETH),
- AidCoin (AID / ETH),
- Aelf (ELF / ETH),
- Auctus (AUC / ETH),
- DAOstack (GEN / ETH),
- Mithril (MIT / ETH),
- Seer (EEA / 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),
- Triple (TRI / ETH),
- Glass (VLD / ETH),
- Nucleus Vision (NCA / ETH),
- Universe (UTN / ETH),
- Cortex (CTX / ETH).
And here are the tokens eliminated by Bitfinex that are paired 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)
With respect to the stablecoin DAI, it will no longer be possible to exchange it with:
- OmiseGO (OMG / DAI),
- 0x (ZRX / DAI).
The Verge / Yen (XVG / JPY) trading pair will also be removed.
The trade of all these cryptocurrency pairs will cease as of March 6, 2020 at 10:00 UTC. Therefore, users are invited to cancel any open order with the pairs mentioned above before next Friday. Non-canceled orders will be automatically deleted from the system.
The ad Bitfinex officer Explain:
"The elimination of these commercial pairs is a common measure that serves to consolidate and improve liquidity in Bitfinex, which leads to a more optimized and optimized commercial experience for our users."
Trade pairs are eliminated, although Bitfinex no remove the mentioned tokens. Therefore, the decision does not seem worrisome despite the large number of tokens involved. Actually, most of them are very little known, with some exceptions like Verge, 0x, Everipedia or Okex.
In any case, Bitfinex seems to be fully operational again after DDoS attack What happened on Friday morning.