Crypto Exchange OKX to Delist 26 Trading Pairs
In an effort to maintain a robust spot trading environment, crypto exchange OKX has announced that it will delist 26 trading pairs by November 10th. The first batch of trading pairs will be removed on November 9th and includes pairs such as CELO-USDC, AXS-USDC, ENS-USDC, IOST-USDC, THETA-USDC, OMG-USDC, GMT-USDC, YFI-USDC, DASH-USDC, XTZ-USDC, NEAR-ETH, IMX-USDC, GMX-USDC, APE-BTC, AAVE-ETH, CORE-USDC, ALGO-BTC, DYDX-BTC, and XLM-ETH.
On November 10th, OKX will proceed to delist HNT-USDT, BTM-USDT, PICKLE-USDT, QOM-USDT, SAITAMA-USDT, COVER-USDT, and DHT-USDT. According to OKX’s Monday post explaining the delisting decision, these listings do not meet their criteria for listing.
OKX Spot Trade Volumes in October
OKX generated $31.2 billion in spot trade volumes in October. This figure accounts for approximately 6.2% of the total spot trading market. The data comes from The Block’s Data Dashboard.
OKX has yet to respond to The Block’s request for comment regarding the delisting decision.
Hot Take: OKX Cleans Up Trading Pairs to Ensure a Robust Spot Trading Environment
Crypto exchange OKX’s decision to delist 26 trading pairs is driven by its commitment to maintaining a strong spot trading environment. By removing trading pairs that do not meet their listing criteria, OKX aims to enhance the quality and integrity of its platform. This move demonstrates OKX’s dedication to providing traders with a secure and reliable trading experience. As one of the leading exchanges in terms of spot trade volumes, OKX’s proactive approach in cleaning up its trading pairs reflects its commitment to delivering optimal services to its users.
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