Crypto Exchange Poloniex to Delist 23 Trading Pairs Due to Low Volume
Ana Alexandre's original article for cointelegraph.com reduced by 75%
San Francisco-based cryptocurrency exchange Poloniex is going to remove 23 trading pairs ostensibly due to low volume. In a tweet published on Aug. 15, Poloniex announced that it will be removing 23 trading pairs on August 16, 2019, due to low volume.
Each asset will continue to be independently tradable, the exchange notes. At the time Poloniex said that the decision was motivated by the uncertain regulatory environment in the country. "Specifically, it is not possible to be certain whether U.S.
regulators will consider these assets to be securities," the exchange tweeted. Conversely, Coinbase Pro tweeted on Aug. 5 that its XTZ/USD and XTZ/BTC trading pairs will soon enter transfer-only mode, accepting inbound transfers of XTZ in supported regions.
The company noted that orders cannot be placed or filled at press time, adding that order books will be in transfer-only mode for a minimum of 12 hours.
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Summarised crypto news.