Crypto News

HTX to Delist 14 Trading Pairs on September 12

HTX

HTX, Cryptocurrency exchange has announced that it will delist 14 trading pairs from its platform on September 12, 2024, at 07:00 UTC. The delisted pairs include several involving the USDD stablecoin, as well as other prominent cryptocurrencies. According to the official announcement on HTX’s website, the affected trading pairs include:

HTX has not provided a detailed explanation for the delisting of these pairs, but it is common for exchanges to remove trading pairs due to low liquidity, limited user interest, or strategic realignments.

This delisting may impact users who trade in the affected pairs, especially those holding positions in the USDD-based pairs, which make up the bulk of the removals. Traders on HTX are encouraged to adjust their portfolios and make necessary trades before the removal deadline on September 12 to avoid any disruptions.

Impact on HTX Users and the Market

Delistings like this can affect liquidity and trading activity for the involved tokens, especially for pairs involving smaller or niche cryptocurrencies. For users trading these pairs, this change means they will need to find alternative pairs or exchanges to continue their trading activities. HTX is likely delisting these pairs to streamline trading operations and focus on pairs with higher liquidity and demand.

Conclusion

HTX’s decision to delist 14 trading pairs reflects a routine action to optimize trading offerings on its platform. Users should be aware of the upcoming delisting on September 12 and make any necessary portfolio adjustments before the pairs are removed from the exchange.

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