The OKX exchange has revealed plans to remove several altcoins from its platform, citing a lack of trading volume and user interest. The altcoins set for delisting include BLOCK, UTK, AST, SIS, WXT, and WIFI, along with their associated trading pairs. This decision reflects the exchange’s commitment to maintaining a dynamic trading environment.
What Are the Affected Trading Pairs?
The delisted trading pairs encompass BLOCK/USDT, UTK/USDT, UTK/USDC, AST/USDT, AST/USDC, SIS/USDT, SIS/USDC, WXT/USDT, WXT/USDC, WIFI/USDT, and WIFI/USDC. These changes will take effect on October 24, 2024, between 11:00 and 11:30 AM (UTC), and users are urged to cancel any pending orders related to these pairs ahead of the deadline.
When Will Withdrawals Be Affected?
Users will be able to withdraw their assets until January 24, 2025. After this date, withdrawals for the aforementioned altcoins will cease, prompting users to manage their assets accordingly to avoid complications.
OKX’s decision is driven by a focus on user experience, as the exchange continuously assesses the performance of listed altcoins. Key points to note include:
- Delisting process starts on October 24, 2024.
- Trading volume and user demand were critical factors.
- Withdrawal operations for these assets will stop on January 24, 2025.
The actions taken by OKX underline its dedication to optimizing the trading options available for users and ensuring that its platform remains competitive and user-friendly. The exchange plans ongoing evaluations of listed assets to maintain these standards moving forward.
