The Asian exchange KuCoin announced on March 26 the withdrawal of several pairs of cryptocurrency exchanges, including all those related to Bitcoin Cash (BCH).
“We are pleased to announce our new optimized exchange with our rapid growth in the first quarter, adding many new markets to provide a diverse platform for users to trade in. Now, as we approach the second quarter, we are making many different changes Several of the markets will be streamlined, KCS, USDT and NEO will eliminate several pairs each, and BCH pairs will be eliminated”, Kucoin’s announcement on his blog indicated.
The eliminated pairs are:
BCH: all trading pairs FOTA / BCH, KCS / BCH, DENT / BCH, ACT / BCH, UTK / BCH, DAT / BCH and XAS / BCH
KCS: DASH / KCS, CAG / KCS, MOD / KCS
USDT: DBC / USDT, TEL / USDT, FOTA / USDT, OCN / USDT, TNC / USDT, ETC / USDT
NEO: MOD / NEO, QTUM / NEO, ACAT / NEO, FOTA / NEO, BCH / NEO, DENT / NEO
and almost immediately with effect to the announcement: “All purchase orders will be closed for the previous commercial pairs in the next 30 minutes, from 15:30:00 (UTC + 8) March 26, 2018. The closing date of commercial pairs will be at 16:00:00 (UTC + 8) March 26, 2018 “
The logical justification would be the low volume of trade of these pairs in its platform, although we saw recently as other exchages such as Bittrex, announced the removal of more than 80 cryptoactive from its platform, although in this case it was due to security problems that they represented those altcoins for the users.
Taking into account the problems that have been experienced by exchange houses like Coincheck and the future exit of Binance towards Malta, which has caused the Japanese authorities to inspect the other exchange platforms of the country, it is logical that the other exchange houses of cryptocurrencies around of the world review their service offer and work even harder to improve.
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