OKX Removes 17 Spot Trading Pairs Based on User Feedback
In response to user feedback and its own delisting guidelines, OKX, the fourth largest cryptocurrency exchange, has announced the removal of 17 spot trading pairs. The decision aims to optimize liquidity on the platform.
Untradable Assets to be Delisted
According to a blog post by OKX, several spot trading pairs will be delisted on October 27 between 8:00 and 8:30 AM UTC. These include FODL-USDT, CHE-USDT, INT-BTC, INT-USDT, PNK-USDT, and MXT-USDT. Another set of spot trading pairs is scheduled for delisting on October 30 between 8:00 and 8:30 AM UTC. This set includes SSV-USDC, DOT-ETH, COMP-BTC, UNI-ETH, KNC-BTC, ANT-BTC, MKR-ETH, XRP-OKB, CRV-ETH, LTC-OKB, and SUSHI-ETH.
After the delisting process is complete, users can find the affected assets under “Untradable assets.”
Further Reductions in Token Offering
This announcement follows OKX’s recent reduction of its token offering by over 40 cryptocurrencies. This decision was made in response to UK regulations and included risk warnings for investors considering cryptocurrency purchases.
Hot Take: OKX Takes Steps to Optimize Liquidity
OKX’s move to remove spot trading pairs based on user feedback demonstrates its commitment to optimizing liquidity on its platform. By delisting certain assets and reducing its token offering, OKX aims to improve the trading experience for its users. These actions also align with regulatory requirements, such as the UK regulations that prompted the previous token offering reduction. OKX continues to prioritize user satisfaction and compliance in its operations.
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