Huobi labels 32 coins with a "delist risk warning" for low volume

23 Dec, 2018
by David Borman
Huobi labels 32 coins with a delist risk warning for low volume

It's being reported by CryptoGlobe that prominent exchange Huobi recently gave a 'delisting risk warning' to 32 different coins. Apparently all were for low volume, and Huobii plans to review each coin individually to see if they will continue on the exchange.

Huobi has made it clear that tokens can be given a delisting risk warning for a variety of reasons. In the case of these 32 coins, the reason appears to be low volume. As per the guidelines, coins that cannot maintain above a $50,000 trading volume are candidates for delisting. The delisting warning tag comes in the form of an "ST" placed next to the projects name.

All coins will be up for review shortly to determine their future, or lack thereof, on the platform. Huobi is one of the largest tradng platforms and presumably wants to trim away coins with low volume.

Will Huobi follow through with delisting? Only time will tell. Stick with Chepicap for all updates!

Follow Chepicap now on Twitter, YouTubeTelegram and Facebook!

Read more about: Huobi


Should low volume coins be delisted?

(22 votes)

Add a comment

Check out the latest news

You will be logged out and redirected to the homepage