Exchanges

22/01/19 05:13 UTC-4

OKEx Exchange reported on delisting Bitcoin Gold futures

OKEx crypto-platform announced BTG futures delisting
OKEx crypto-platform announced BTG futures delisting

OKEx Cryptocurrency Exchange reported on delisting Bitcoin Gold (BTG) futures contracts due to low levels of sales (liquidity), as was reported on the official site of the OKEx site.

The low level of liquidityLiquidity
– is a term that means the ability to sell any financial assets (below or above the market price). The term “liquidity” in Latin means “liquid”, “flowing”.Details
of Bitcoin Gold (BTG) futures on the Hong Kong OKEx exchange will end in delisting. On Monday, January 21, a message was published about the termination of BTG tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
within the Chinese exchanger.

Interesting in the section: Strengths and weaknesses of Вitstamp

 

Delisting on OKEx

The report on support.okex.com stated that BTG contracts (weekly, two-week and quarterly) will be calculated on January 25th.

As for the pricing circumstances of the calculation, they will correspond to the cost of Bitcoin Gold (BTG) to the US dollar (USD) 1 hour before the start of the calculation. As it became known, the BTG/USD trading pair will cease to exist on OKEx at 9:00 (local time).

Interesting in the section: Bittrex - description, nuances, interface. Main aspects of trading on BITTREX

"We will exclude all Bitcoin Gold (BTG) futures contracts (weekly, fortnightly, quarterly) at 9:00 am on January 25, 2019 (CET, UTC + 1) due to insufficient liquidity" – support.okex.com

In addition, the report stated that absolutely all data regarding Bitcoin Gold (BTG) futures trading will be removed from the exchange website until January 30. The management and support service of the OKEx exchanger warned about the withdrawal of the BTG from the exchange wallets.

"If you have BTG assets on your trading account (...), do not forget to transfer them before the specified time. Otherwise, we automatically transfer the assets to the address of your wallet" – support.okex.com

OKEx crypto-platform reported on BTG futures delisting – this is not the first exchange that refuses to trade Bitcoin Gold. Recall that back in September last year, the Bittrex exchanger also removed the BTG exchange from its pairs.

Editor: Pereyidenko Ihor

See also: "Japan: Huobi, a Singapore Cryptocurrency Exchange, received an FSA license"

#OKEx #delisting #futures #exchange #BTG #BitcoinGold

Comments

Similar

Cryptocurrency
Exchanges
Mining
ICO, ІРО, STO
Hypes, funds, fiat money
Other