OKX, the second-largest offshore cryptocurrency exchange, has made a significant announcement regarding the delisting of 13 altcoins, including 8 prominent ones. The exchange will remove several trading pairs for altcoins such as FSN, ZKS, CAPO, CVP, XMR, DASH, ZEC, and ZEN, which are mostly privacy-focused cryptocurrencies.
Cryptocurrency exchanges regularly monitor the performance of their listed trading pairs to maintain a robust trading environment. In line with this, OKX has decided to delist 8 altcoins to ensure the continuation of a strong spot trading environment. Consequently, numerous trading pairs involving these 13 altcoins will be removed.
OKX is preparing to delist nearly all listed privacy altcoins, including FSN, ZKS, CAPO, CVP, XMR, DASH, ZEC, and ZEN. Deposits for these altcoins will be suspended on December 27, while withdrawals will be halted on March 5, 2024, at 11:00 AM local time.
Furthermore, following the delisting decision, OKX will start removing trading pairs for these altcoins from June 4, 2024. This includes pairs such as KSM/USDC, FLOW/USDC, JST/USDC, KNC/USDC, ANT/USDC, FSN/USDT, ZKS/USDT, CAPO/USDT, and CVP/USDT.
The exchange will continue the removal process the next day, on June 5, 2024, by eliminating pairs like XMR/BTC, XMR/ETH, XMR/USDT, XMR/USDC, DASH/BTC, DASH/USDT, ZEC/BTC, ZEC/USDT, ZEC/USDC, ZEN/BTC, and ZEN/USDT.
Market participants with investments in these altcoins are advised to be prepared for the potential increase in volatility during this period and to be cautious with their investment decisions.