Crypto exchange OKX has announced its plans to remove 26 spot trading pairs from its platform by November 10, citing that the flagged trading pairs no longer meet its listing criteria.
OKX announced on November 6 that it would delist a large number of trading pairs, including: HNT-USDT, BTM-USDT, PICKLE-USDT, GEAR-USDT, QOM-USDT, SAITAMA-USDT, COVER-USDT, DHT-USDT; CELO-USDC , AXS-USDC, ENS-USDC, IOST-USDC, THETA-USDC, OMG-USDC, GMT-USDC, YFI-USDC, DASH-USDC,…
— Wu Blockchain (@WuBlockchain) November 6, 2023
As per the blog post, the Seychelles-based exchange will delist the tokens in two batches, with the first batch due for removal on November 9. It is worth noting that a majority of the affected trading pairs include tokens associated with stablecoins. For instance, the first batch of the trading pairs scheduled for delisting largely consists of tokens paired with USD Coin (USDC).
Meanwhile, the second group consists solely of cryptocurrencies paired with USDC’s rival stablecoin, Tether (USDT), and will be removed from the exchange on November 10. OKX stated,
“We advise users to cancel orders pertaining to these trading pairs before the delisting. Otherwise, the system will automatically cancel these orders. The cancellation may take 1-3 working days.”
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Earlier, this week, OKX removed the deposit facility for eight tokens: Helium (HNT), Bytom (BTM), Pickle Finance (PICKLE), Shiba Predator (QOM), Saitama (SAITAMA), COVER Protocol (COVER), and dHedge DAO (DHT). In the delisting announcement, the exchange confirmed it will also stop issuing withdrawals for the eight cryptocurrencies by January 10, 2024.
Written by
Ayush Pande
Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.
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