OKX announces delisting of selected trading pairs
OKX announces delisting of selected trading pairs
To ensure a stable and effective trading environment, OKX regularly reviews the performance and compliance of all listed trading pairs.
On July 17, the leading crypto exchange announced the delisting of several trading pairs in order to maintain an optimal trading environment.
Pairs to be delisted:
- CEL/USDT, CEL/USDC, OMG/USDT, SPELL/USDT, SPELL/USDC, APM/USDT, LHINU/USDT, POLS/USDT, DCR/USDT, DCR/ETH.
The delisting process is expected to take place between 8:00 am and 8:30 am (UTC) on July 23, 2024. This decision is based on the regular performance review of the trading pairs, combined with user feedback and adherence to the OKX Token Delisting / Hiding Guidelines.
Users are advised to cancel their orders for these pairs before the specified time. Any remaining orders will be automatically cancelled by the system, which may take 1-3 business days. In addition, deposits for the affected cryptocurrencies – CEL, OMG, SPELL, APM, LHINU, POLS and DCR – have been suspended as of 8:00 am (UTC) on July 16, 2024. Users should manage their assets promptly ahead of the delisting. Affected assets will be moved to the "Untradable assets" section under "Assets > Funding".
Withdrawals for these cryptocurrencies will also be halted as of 8:00 am (UTC) on October 23, 2024.
This delisting reflects OKX's commitment to maintaining a healthy trading ecosystem. The exchange continuously monitors all listed pairs to ensure they meet its strict criteria and provide a reliable trading environment for users.
Also, delisting may have broader implications for other cryptocurrencies, potentially affecting their liquidity and market presence.
For traders and investors, this move underscores the importance of staying informed about the exchanges and assets they engage with.
The cryptocurrency market remains highly dynamic, and such decisions are indicative of efforts to ensure compliance and stability in this burgeoning financial sector.
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