Cryptocurrency exchange OKX has announced the removal of several spot trading pairs as part of its ongoing initiative to enhance trading stability and efficiency. The decision follows a thorough review process that considers user feedback and aligns with the OKX Token Delisting Guide. The delisting is set to be executed in multiple phases.
Which Trading Pairs Are Affected?
The first phase of delistings will occur on July 25, 2024, affecting pairs such as LTC-ETH, MATIC-BTC, and ADA-ETH, among others. The following day, July 26, 2024, pairs including ATOM-ETH, XRP-ETH, and SHIB-BTC will also be delisted. This phased approach is designed to offer users ample time to adjust their trading activities accordingly.
In August, the removal process will continue with ADA-BTC, FIL-BTC, and LINK-BTC being delisted on August 1, 2024. Subsequently, AVAX-BTC, CRV-BTC, and several other pairs will be removed on August 2, 2024. All delistings will take place between 11:00 and 11:20 Turkey time on the specified dates.
What Should Users Do?
OKX has issued a reminder for users to cancel any orders related to the affected pairs prior to the delisting times to prevent automatic cancellations by the system. This proactive measure aims to mitigate disruptions during the transition period.
Practical User Advice
Key Actions for Users:
- Cancel existing orders for delisted pairs before the specified deadlines to avoid system-initiated cancellations.
- Monitor announcements for future delistings to stay informed and adjust trading strategies.
- Consider shifting to alternative pairs or exchanges if frequently traded pairs are being removed.
OKX underscores that this delisting initiative is part of their dedication to sustaining a high-quality trading environment. They reiterated their commitment to ongoing monitoring and periodic review of all listed pairs to ensure adherence to their standards.
