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OKX Cuts 26 Trading Pairs to Sharpen Trading Environment

by BlockNews.com Team
November 6, 2023
in Breaking News, Business, Crypto
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OKX Cuts 26 Trading Pairs to Sharpen Trading Environment

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  • OKX is delisting several spot trading pairs that do not meet listing criteria, starting on November 9 and 10, 2023. This aims to maintain a robust trading environment.
  • Delisted pairs include CELO-USDC, AXS-USDC, ENS-USDC and others. Deposits and withdrawals will be restricted before and after delisting.
  • Users should withdraw funds before deadlines. OKX will continue monitoring and delisting pairs as needed per guidelines, to uphold a healthy trading platform.

OKX, a leading cryptocurrency exchange, has announced that it will be delisting several spot trading pairs that do not meet its listing criteria. This move aims to maintain a robust spot trading environment on the platform.

🚨 NEWS: Crypto Exchange OKX to delist 26 trading pairs for a 'healthier spot environment.'

Trading pairs include: pic.twitter.com/CgPrh1tCjV

— BlockNews.com (@blocknewsdotcom) November 6, 2023

Affected Trading Pairs

The following spot trading pairs will be delisted on the given dates and times:

  • CELO-USDC, AXS-USDC, ENS-USDC, IOST-USDC, THETA-USDC, OMG-USDC, GMT-USDC, YFI-USDC, DASH-USDC, XTZ-USDC, NEAR-ETH, IMX-USDC, GMX-USDC, APE-BTC, AAVE-ETH, CORE-USDC, ALGO-BTC, DYDX-BTC, XLM-ETH – November 9, 2023 at 8:00-8:30 am UTC
  • HNT-USDT, BTM-USDT, PICKLE-USDT, QOM-USDT, SAITAMA-USDT, COVER-USDT, DHT-USDT – November 10, 2023 at 8:00-8:30 am UTC

Delisting Procedure

OKX will delist the trading pairs at the specified times. Users are advised to cancel open orders before then, otherwise, the system will auto-cancel them. The cancellation process may take 1-3 working days.

Deposit and Withdrawal Restrictions

Deposits of HNT, BTM, PICKLE, QOM, SAITAMA, COVER, and DHT were suspended on November 3, 2023 at 8:00 am UTC. Withdrawals of these tokens will be suspended on January 10, 2024 at 8:00 am UTC. Users should withdraw funds promptly.

After delisting, users can find their remaining assets under Assets > Funding > Untradable Assets.

Continuous Monitoring

OKX will keep monitoring listed trading pairs and implement delisting/hiding as necessary per its guidelines. For inquiries, contact Support Center or Connect with OKX on preferred platforms.

Conclusion

The delisting aims to maintain a healthy trading environment on OKX. Affected users are advised to manage their funds accordingly before specified deadlines. OKX remains committed to providing a robust spot trading platform.

Tags: BusinesscryptoCrypto ExchangeOKXOKX Wallet
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