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- OKX introduced the delisting of a number of spot buying and selling pairs, together with Monero and Zcash.
- The delisted buying and selling pairs failed to satisfy the platform’s itemizing standards.
- The trade additionally suspended deposits and withdrawals for numerous tokens.
OKX, the worldwide cryptocurrency spot, and derivatives trade, has not too long ago introduced the delisting of a number of spot buying and selling pairs, citing person suggestions and adherence to the OKX Token Delisting Tips as key elements behind the choice.
In keeping with OKX, eradicating these buying and selling pairs outcomes from a steady analysis course of, whereby the platform commonly critiques the efficiency and itemizing {qualifications} of all buying and selling pairs. The trade specified that sure pairs failed to satisfy the platform’s itemizing standards, resulting in their upcoming delisting.
“Primarily based on suggestions from customers and the OKX Token Delisting / Hiding Guideline, we might be delisting a number of buying and selling pairs that don’t fulfill our itemizing standards,” said OKX.
Per the announcement, the affected buying and selling pairs KSM/USDC, FLOW/USDC, JST/USDC, KNC/USDC, ANT/USDC, FSN/USDT, ZKS/USDT, CAPO/USDT, and CVP/USDT might be delisted on January 4, 2024, 8:00–8:30 a.m. UTC.
Moreover, one other set of spot buying and selling pairs, corresponding to XMR/BTC, XMR/ETH, XMR/USDT, XMR/USDC, DASH/BTC, DASH/USDT, ZEC/BTC, ZEC/USDT, ZEC/USDC, ZEN/BTC, and ZEN/USDT, is scheduled for delisting on January 5, 2024, throughout the identical timeframe.
OKX advises merchants to cancel any present orders associated to those buying and selling pairs earlier than the desired delisting instances. Failure to take action might lead to automated cancellation by the system, as highlighted within the announcement.
Along with the delisting, the trade suspended the deposits for numerous tokens, together with Fusion (FSN), ZKSpace (ZKS), IL CAPO OF CRYPTO (CAPO), PowerPool (CVP), Monero (XMR), Sprint (DASH), Zcash (ZEC), and Horizen (ZEN), beginning on December 27, 2023, at 8:00 a.m. UTC. Furthermore, withdrawals for these tokens might be suspended beginning on March 5, 2024, at 8:00 a.m. UTC.
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