Bitfinex, one of the world’s largest cryptocurrency 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.
Bitfinex users holding any of these tokens are advised to withdraw these tokens as soon as possible, as deposits are closed from 4 July at 10:00 UTC and trading will close on 11 July at 10:00 UTC. Withdrawals will remain open until 10:00 UTC on September 5, after which users may have to pay a recovery fee or permanently lose their funds.
*Not investment advice.