OKEx delisted as many 38 crytpo pairs: exchanges following suit

OKEx, a leading Bitcoin exchange, has excluded some extra dealing pairs. Recently, OKEx declared officially before excluding thirty-eight encrypted money dealing pairs. This happens to be the third batch leading exchange has delisted from the platform. Bread(BRD/ETH), Datum (DAT/BTC/ETH/USDT), and LAToken (LA/ETH) are leading among many more pairs were excluded because of exchangeability.

Coinmarketcap.com figured out Bread is recently having the trade capitalization of only over eighteen million dollars ($18.7 million), over $3 per token down from one hundred and ninety-two million dollars ($192 million ), over three dollar ($3) per token. It stands among the many encrypted currencies that lost value due to the declining market.

The recorded pairs will be eliminated on November 30 and withdrawals will be closed at 05:00 (CET) on December 14, 2018. OKEx has advised its users to remove their placements of pairs that are due to be excluded else placements will be canceled by the organization and the money will be credited to the linked account.

The said group of cryptocurrencies is third to be excluded as another group was excluded in October. The year-long bear trend has forced many currencies either out of business or out of market value. Earlier it was  Monetha (MTH/BTC) and Ripio (RCN/BTC) that were delisted in the month.

Other Delisting Exchanges

OKEx seems to be initiating a trend to exclude the trading pairs. Bittrex exchange has followed suit and excluded eighty-four encrypted assets. Bittrex exchange excluded the pairs which are not known much.

The industry giant Binance also excluded four cryptocurrencies including Bytecoin (BCN), Iconomi (ICN), Triggers (TRIG), and ChatCoin (CHAT) and an adverse effect of 49% price down was observed.

Last but not the least, Liqui exchange also removed 25 pairs a couple of months ago. Basic Attention Token (BAT), top volume producer, was also excluded by Liqui exchange.