OKX to Delist Several Trading Pairs
OKX has announced that it will be delisting 20 trading pairs by January 5th, including major privacy coins like Monero, Dash, and Zcash. The cryptocurrency exchange stated that these pairs did not meet its listing criteria, but did not provide further details.
Trading Pairs to be Delisted
The first group of trading pairs to be removed from the platform on January 4th includes KSM-USDC, FLOW-USDC, JST-USDC, KNC-USDC, ANT-USDC, FSN-USDT, ZKS-USDT, CAPO-USDT, and CVP-USDT. On January 5th, XMR-BTC, XMR-ETH, XMR-USDT, XMR-USDC, DASH-BTC, DASH-USDT, ZEC-BTC, ZEC-USDT, ZEC-USDC, ZEN-BTC, and ZEN-USDT will also be delisted.
Token Deposits and Withdrawals
Starting from December 27th, OKX has halted user deposits for tokens such as FSN, ZKS, CAPO, CVP, XMR, DASH, ZEC, and ZEN. The withdrawal of these tokens will be suspended from March 5th.
OKX’s Trading Volume
According to The Block’s Data Dashboard, OKX recorded $60.27 billion in spot trade volumes last month. This represents over 7.2% of the total market volume.
No Immediate Response from OKX
OKX has not yet responded to a request for further comment from The Block.
Hot Take: OKX Delisting Privacy Coins and Other Trading Pairs
OKX’s decision to delist major privacy coins and other trading pairs has raised concerns among crypto traders. While the exchange states that these pairs did not meet its listing criteria, the lack of further details leaves many questioning the reasoning behind the move. This development may have implications for the privacy coin market and could impact the trading strategies of OKX users. It remains to be seen how this delisting will affect the broader cryptocurrency ecosystem.
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