OKCoin, a popular cryptocurrency exchange company, announced that it has will disable Tron (TRX/USD) and Ethereum Classic (ETC/USD) margin trading, effective on June 4th, 2019, at 3:00 am PT. The decision was made in efforts to further concentrate liquidity in principal trading markets.
After margin trading for TRX and ETC terminates, all open margin orders will be canceled and all margin loans will be automatically repaid. To avoid unnecessary risks, it is recommended for users to cancel open orders in advance.
The deposit and withdrawal of TRX and ETC, in addition to spot TRX/USD and ETC/USD markets, will not be affected.
Going forward, OKCoin will continue to support: BTC, LTC, ETH, BCH, USDT, and XRP on its margin trading exchange.