OKEx, the fifth-largest cryptocurrency exchange in the world, has delisted 30 altcoin trading pairs.

Cryptocurrency fever may have abated a bit from the massive Bitcoin bull run of late 2017, but that doesn’t mean that crypto isn’t finding ways to become a part of our daily lives. However, crypto fever led to a massive explosion in the number of coins, and there are now over 2,000 different cryptocurrencies, according to CoinMarketCap. The reality is that this means there are lots of coins that have little to no trading volume, which leads to exchanges having to prune their listings from time to time.

OKEx Cutting Some Dead Weight

Hong Kong-based OKEx recently announced that they were delisting 30 altcoin trading pairs from the exchange. The announcement states:

“To create a robust trading environment and offer the best trading experience to our users, we will delist several TRADING PAIRS with weak liquidity and trading volume according to the OKEx Token Delisting / Hiding Guideline.”



DELISTING OF TRADING PAIRS: We will delist several TRADING PAIRS with weak liquidity and trading volume according to the OKEx Token Delisting / Hiding Guideline. #OKExAnnouncementhttps://t.co/cjcYf8EQcd

— OKEx (@OKEx) November 27, 2018



The altcoin trading pairs getting the ax are:



FirstBlood (1ST) / USDT



Micromoney (AMM) / USDT



ATLANT (ATL) / ETH



Aventus (AVT) / BTC



Bread (BRD) / ETH



Change (CAG) / USDT



CommerceBlock (CBT) / BTC



Carinet (CIT) / BTC, ETH, OKB



Datum (DAT) / BTC, ETH, USDT



DENT (DENT) / BTC, ETH, USDT



EncrypGen (DNA) / USDT



district0x (DNT) / USDT



Everex (EVX) / ETH



Genaro Network (GNX) / USDT



Iconomi (ICN) / USDT



Selfkey (KEY) / USDT



LAToken (LA) / ETH



Leverj (LEV) / BTC, ETH, USDT



Maggie (MAG) / USDT



Metal (MTL) / BTC, ETH



Merculet (MVP) / BTC



NAGA (NGC) / BTC



OAX (OAX) / USDT



Simple Token (OST) / BTC



Qvolta (QVT) / USDT



Raiden Network Token (RDN) / BTC



Republic Protocol (REN) / ETH, USDT



Request Network (REQ) / ETH



OneRoot Network (RNT) / BTC



Santiment Network Token (SAN) / USDT



Show (SHOW) / BTC



SingularDTV (SNGLS) / BTC, ETH



Sportyco (SPF) / USDT



SubStratum (SUB) / BTC



Travel (TRA) / USDT



Unikoin Gold (UKG) / ETH



BLOCKv (VEE) / ETH



Worldcore (WRC) / USDT



In addition, the following altcoins have been fully purged from the exchange: VEE, LEV, AVT, CBT, WRC, QVT, MTL, DNA, DNT, OAX, 1ST, CAG, UKG, BRD, SAN, ICN, ATL, SUB, REQ, NGC, AMM, LA, DENT, CIT, DAT, and MAG.

Lots of Activity

There’s been a fair amount of activity associated with the exchange recently. Back in October, the exchange added four new stablecoin pairings for users to take advantage of. This was followed by 50 altcoin pairings being delisted.

Early in November, OKEx won the Crypto Exchange of the Year award at the Malta Blockchain Awards. However, not everything was turning up roses for the exchange. The recent changes made to the terms associated with derivatives caused many traders to sustain substantial losses, leading to a massive uproar.

Did you hodl any of the altcoins delisted by OKEx? Let us know in the comments below.

Images courtesy of Shutterstock and Twitter/@OKEx.

The post OKEx Delists 30 Altcoin Trading Pairs appeared first on Live Bitcoin News.