OKEx, the leading cryptocurrency market on CoinMarketCap of exchanges by adjusted trading volume, with $1.3 billion in 24 hour volume. Major cryptocurrency exchange announced that it would delist Bitcoin SV.
OKEx published the details of the solution in a series of Twitter posts on April 16.
"Considering that Bitcoin SV (BSV) has been delisted from several exchanges recently, OKEx has conducted a rigorous review on BSV in terms of technology development, liquidity, and compliance."
The company added that Bitcoin SV actually fails to meet the platform's delisting requirements under the OKEx Token Delisting and Hiding Guidelines According to the OKEx Token Delisting and Hiding Guideline.
As a neutral platform, OKEx respects the efforts of all dedicated teams in advancing the technology of Bitcoin and has no inclination to certain technical directions.
According to experts, the decision to leave Bitcoin SV is connected with the recently announced partnership of OKEx with Jack C. Liu. He is the creator of the RelayX portfolio, and both organizations were to jointly create an exchange based on this altcoin.
However, another leading stock exchange, Binance, has already announced that decided to delist Bitcoin SV. The decision was made after the stir in social networks, caused by Craig Wright. The creator of this altcoin set a reward of $ 5,000 for tracking an anonymous user with the nickname Hodlnaut, who called him an impostor. Changpeng Zhao, founder and CEO of Binance threatened to withdraw Bitcoin SV from the stock market if Craig Wright does not change his approach.
In addition, crypto exchange ShapeShift following Binance and delisting Bitcoin SV, Kraken is going to drop the cryptocurrency.