- OKX introduced the delisting of a number of spot buying and selling pairs, together with Monero and Zcash.
- The delisted buying and selling pairs failed to satisfy the platform’s itemizing standards.
- The change additionally suspended deposits and withdrawals for numerous tokens.
OKX, the worldwide cryptocurrency spot, and derivatives change, has just lately introduced the delisting of a number of spot buying and selling pairs, citing person suggestions and adherence to the OKX Token Delisting Pointers as key elements behind the choice.
In line with OKX, eradicating these buying and selling pairs outcomes from a steady analysis course of, whereby the platform often opinions the efficiency and itemizing {qualifications} of all buying and selling pairs. The change specified that sure pairs failed to satisfy the platform’s itemizing standards, resulting in their upcoming delisting.
“Primarily based on suggestions from customers and the OKX Token Delisting / Hiding Guideline, we can be delisting a number of buying and selling pairs that don’t fulfill our itemizing standards,” acknowledged OKX.
Per the announcement, the affected buying and selling pairs KSM/USDC, FLOW/USDC, JST/USDC, KNC/USDC, ANT/USDC, FSN/USDT, ZKS/USDT, CAPO/USDT, and CVP/USDT can be delisted on January 4, 2024, 8:00–8:30 a.m. UTC.
Moreover, one other set of spot buying and selling pairs, similar to XMR/BTC, XMR/ETH, XMR/USDT, XMR/USDC, DASH/BTC, DASH/USDT, ZEC/BTC, ZEC/USDT, ZEC/USDC, ZEN/BTC, and ZEN/USDT, is scheduled for delisting on January 5, 2024, throughout the identical timeframe.
OKX advises merchants to cancel any current orders associated to those buying and selling pairs earlier than the required delisting instances. Failure to take action might end in automated cancellation by the system, as highlighted within the announcement.
Along with the delisting, the change suspended the deposits for numerous tokens, together with Fusion (FSN), ZKSpace (ZKS), IL CAPO OF CRYPTO (CAPO), PowerPool (CVP), Monero (XMR), Sprint (DASH), Zcash (ZEC), and Horizen (ZEN), beginning on December 27, 2023, at 8:00 a.m. UTC. Furthermore, withdrawals for these tokens can be suspended beginning on March 5, 2024, at 8:00 a.m. UTC.
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