Bitcoin Cash Removed from KuCoin and Other Exchanges

A few days earlier, one of the most popular crypto exchanges in the world, KuCoin, made an announcement saying that there would be some changes on its platform. But for the surprise to all crypto traders, they announced the removal of Bitcoin Cash (BCH) trading pairs.

Bitcoin Cash Removed from Kucoin

Here is the official announcement by KuCoin:

We are excited to announce our new streamlined exchange. With our rapid growth in the first quarter we added in many new markets to provide a diverse platform for users to trade on. Now as we head into the 2nd quarter we are making many different changes to the platform based on user feedback. Several of the markets will be streamlined. KCS, USDT, and NEO will eliminate several pairs each, and BCH pairs will be removed.

With this statement we can conclude that ALL Bitcoin Cash trading pairs are going to be removed, including:

FOTA / BCH
KCS / BCH
DENT / BCH
ACT / BCH
UTK / BCH
DAT / BCH
XAS / BCH

One thing we have to point out here is that they are claiming that the removal of Bitcoin Cash pairs is due to the user feedback. If this is true, we can conclude that there is no demand for Bitcoin Cash or that this demand is declining very fast.

Not Only KuCoin...

Another trading platform also revealed its intention to remove the Bitcoin Cash Market, and it was OKEX. In an announcement they said:

We will close all the trading pairs in BCH market of Token Trading at 18:00 Mar 30, 2018 (Hong Kong time, UTC+8) due to inadequate liquidity.

For better management of your funds, we recommend you to cancel your pending orders as soon as possible or our system will cancel them all at the closing time.

Due to insufficient liquidity, OKEx will delist #bch based trade pairs on 30 March. pic.twitter.com/ghvU6Ft86g
— Red Li (@redtheminer) March 29, 2018

So what do you think about this removal of Bitcoin Cash Markets by these two exchanges? Leave a comment below and let us know what you think about it!

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