The largest crypto exchange Lbank announced the delisting of 13 trading pairs: ZIRVE/USDT, UCOIN/USDT, GERA/BTC, WUKONG/USDT, STB/USDT, MEGADAO/USDT, UNIP/USDT, WEL/USDT, ARTF/USDT, EMP /USDT, BR/USDT, GMEX/USDT, LFT/USDT. They argued this with insufficient liquidity, however, readers in social networks have their own opinion on this.
Representatives of the platform claim that this lack of popularity led to the adoption of such measures. 27.10.2022 at 15:00 Moscow time, the crypto exchange will end the opportunity for all transactions with these crypto assets, and, at the moment, the deposit option is no longer available. The technical service asked users to cancel pending actions on their own, as this will only happen automatically anyway.
Among platform users, there is an opinion that due to the actions of financial regulators, LBank removed these crypto assets from the platform, arguing this with insufficient liquidity. Financial regulators are currently having a strong impact in the form of sanctions on large crypto exchanges due to the fact that the latter are likely to allow trading in questionable crypto assets.
Other users are asked not to trust the rumors. They argue that these crypto assets are not really well-known and cannot be liquid for a long time to be placed on such a large exchange.
Earlier, information about the change in trading volumes for 24 hours became available directly on LBank and other major crypto exchanges.
