Cryptocurrency exchange OKX announced plans to delist over 30 trading pairs associated with Bitcoin and Ethereum to enhance liquidity. This decision comes after comprehensive market monitoring.
In a recent announcement, OKX revealed that 38 trading pairs will be phased out, starting on July 25. The delisting will occur in stages:
- July 25: LTC/ETH, MATIC/BTC, ADA/ETH, FIL/ETH, LINK/ETH, OKB/ETH, HBAR/BTC, EOS/ETH, QTUM/BTC, GRT/BTC
- July 26: ATOM/ETH, XCH/BTC, MKR/BTC, NEO/BTC, OKT/ETH, OKT/BTC, XRP/ETH, SHIB/BTC, DOGE/ETH, TRX/ETH
- August 1: ADA/BTC, FIL/BTC, NEAR/BTC, LINK/BTC, DOT/BTC, UNI/BTC, ETC/BTC, ATOM/BTC, EOS/BTC
- August 2: AVAX/BTC, CRV/BTC, TRX/BTC, CHZ/BTC, AAVE/BTC, XLM/BTC, CRO/BTC, XRP/BTC, DOGE/BTC
OKX has advised users with active orders in these pairs to cancel them before the specified delisting times. The platform will automatically cancel any remaining orders after the deadline, which may take up to three business days.
The decision to delist these pairs comes after OKX withdrew its Virtual Asset Service Provider (VASP) license application from Hong Kong two months ago. Additionally, OKX ceased operations in Nigeria in mid-July due to changes in local regulations.
OKX emphasized that it will continue to monitor and enforce its trading pair listings according to its “Rules on Hiding Tokens and Delisting Trading Pairs.”
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