world’s largest cryptocurrency Bitfinex, one of its exchanges, announced on Tuesday that it will remove 13 tokens from its platform, citing low trading volume and liquidity as the main reasons.
Delist tokens Spookyswap (BOO), Bitcoin Gold (BTG), Enjin (ENJ), Stasis Euro (EURS), Terra Luna Classic (LUNA), PREMA (PRMX), Reef (REEF), Augur (REP2), Status (SNT), Storj (STORJ), Velo (VELO), WAX (WAX) And Zipmex (ZMT).
According to the official statement, Bitfinex monitors the performance of all listed projects and regularly reviews their listing qualifications. The exchange decided to delist 13 tokens after finding that they did not meet the standards of trading activity and market demand.
📢 We are saying goodbye to the following tokens: BOO, BTG, ENJ, EURS, LUNA, PRMX, REEF, REP2, SNT, STORJ, VELO, WAX and ZMT.
⚠️ Deposits are now closed, trading will cease on 11/07/2023 at 10:00 AM UTC.
Learn more:https://t.co/BhzQPpNU7s pic.twitter.com/zEuhjbDdmf— Bitfinex (@bitfinex) July 4, 2023
Bitfinex users holding any of these tokens are advised to withdraw these tokens as soon as possible, as deposits are closed as of July 4th at 13:00 CEST and trading will end at 11:00 CEST on 11 July. Withdrawals will remain open until 13:00 on September 5, after which users may have to pay a recovery fee or permanently lose their funds.
*Not investment advice.
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