OKX Announces Delisting of Multiple Trading Pairs, Including BTM
OKX, a major cryptocurrency exchange, has made the decision to delist over 20 trading pairs due to regular performance monitoring and adherence to strict listing criteria. This move will impact a significant number of trading pairs across various cryptocurrencies and will involve the suspension of deposits and withdrawals for specific tokens.
The delisting process is set to begin on November 9, with several pairs including CELO-USDC, AXS-USDC, and APE-BTC among those scheduled for removal. Additionally, the HNT-USDT trading pair and Bytom (BTM), which experienced a 32% drop today, will also be removed on November 10.
OKX’s Steady Growth Trajectory
OKX has already stopped accepting deposits for affected tokens like HNT, BTM, and SAITAMA as of November 3. Users are advised to adjust their asset management in anticipation of these changes. Withdrawals for these tokens will cease on January 10, 2024. OKX recommends cancelling any orders related to the impacted trading pairs to avoid automatic cancellation and potential processing delays.
In recent months, OKX has demonstrated its commitment to transparency and user trust. The exchange has seen steady market share growth, becoming the second-largest exchange for spot and derivative trading. It has also released proof-of-reserves to assure users of asset custody. Furthermore, OKX has launched its multi-chain wallet on Apple’s Safari browser, making it one of the first centralized platforms to do so.
Hot Take: OKX Prioritizes Transparency and User Trust
By delisting certain trading pairs and focusing on performance and compliance evaluations, OKX aims to provide a robust trading ecosystem. The exchange encourages users to reach out to its support center or digital platforms for any inquiries regarding the delisting. OKX’s commitment to transparency and user trust sets it apart in the cryptocurrency exchange market.
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