OKX will delist 26 trading pairs and multiple high-risk tokens

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OKX announced the delisting of multiple trading pairs, with BTM falling 32% today.

Major Cryptocurrency Exchange OKX Announce Today, more than 20 trading pairs were delisted, citing regular performance monitoring and compliance with strict listing standards. The action includes suspending deposits and withdrawals of specific coins and will affect a large number of trading pairs across various cryptocurrencies.

The delisting process is scheduled to begin on November 9, and trading pairs such as CELO-USDC, AXS-USDC, and APE-BTC will be removed. In addition, the HNT-USDT trading pair and Bytom (BTM), which fell sharply by 32% today, will also be delisted on November 10.

OKX is on a stable growth trajectory

OKX has stopped deposits of affected tokens, including HNT, BTM and SAITAMA, on November 3, urging users to adjust asset management according to the changes. Withdrawals of these tokens will also cease on January 10, 2024. During this period, the exchange advises users to cancel any orders related to the affected trading pairs to avoid automatic cancellations, which may cause processing delays.

Recently, OKX has shown a significant commitment to transparency and increasing user trust amid growing concerns about centralized exchanges and the way they operate in light of FTX’s historic disaster throughout the year.

The exchange’s market share has also grown steadily over the past few months, making it the second-largest exchange for spot and derivatives trading. The platform also issues subsequent certificates of reserves to confirm its custody of user assets. The exchange also launched a multi-chain wallet on Apple’s Safari browser today, making it one of the first centralized platforms to do so.

The exchange reiterates its commitment to providing a robust trading ecosystem and will continue to evaluate the performance and compliance of all listed currency pairs. As part of its customer service agreement, OKX invites any delisting-related inquiries to be directed to its support center or connected via its digital platforms.


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