In a move to maintain a secure and high-quality trading environment, OKX regularly monitors the performance of all listed spot trading pairs and conducts periodic reviews of their listing qualifications. Based on user feedback and comprehensive internal evaluations, the exchange has decided to remove several spot trading pairs that no longer meet its stringent criteria.
This delisting process is part of standard operational procedures to ensure market integrity and protect users from highly volatile or illiquid assets. The announcement provides users with sufficient notice to manage their assets and orders accordingly.
Affected Trading Pairs and Timeline
The specific spot trading pairs scheduled for removal are:
- SKEB/USDT
- MOVEZ/USDT
- PIT/USDT
- EM/USDT
- LET/USDT
- MRST/USDT
Delisting Execution Schedule
The official delisting of these trading pairs is set to occur on May 27, 2024, between 15:00 and 15:30 WIB (Western Indonesian Time).
User Action Required: Users are strongly advised to cancel any open orders for these pairs before the specified time. Any orders not canceled by the user will be automatically canceled by the system. Please note that this automatic cancellation process may take 1-3 business days to complete.
Deposit Suspension Details
To facilitate a smooth delisting process, deposits for the affected cryptocurrencies—SKEB, MOVEZ, PIT, EM, LET, and MRST—have already been suspended. This suspension began on May 20, 2024, at 15:00 WIB.
Users should manage their assets proactively. After the delisting is complete, any remaining balances of these assets can still be viewed and managed in the OKX wallet under Assets > Funding > Non-tradable Assets.
It is important to note that a separate notice regarding a withdrawal suspension for these assets, effective July 27, 2024, at 15:00 WIB, was also included in the original announcement. Users should plan accordingly for this subsequent deadline if they wish to withdraw these assets from the platform.
Ongoing Listing Reviews and User Support
OKX emphasizes its commitment to continuously monitor all listed trading pairs. The exchange retains the right to implement further delisting or hiding mechanisms for any asset that fails to meet its ongoing performance and compliance standards.
For any questions or concerns regarding this delisting event, users are encouraged to seek assistance. You can explore the help center for detailed guides and contact options to get support on your preferred platform.
Frequently Asked Questions
What happens to my coins after a trading pair is delisted?
Your coins are not lost. After delisting, they will be moved to a "Non-tradable Assets" section within your Funding account. You will still be able to hold them in your OKX wallet or withdraw them until the withdrawal suspension date.
Why does OKX delist trading pairs?
Exchanges delist pairs for various reasons, including low trading volume and liquidity, lack of project development, failure to comply with listing standards, or security concerns. It is a routine measure to protect users and maintain a healthy market.
Can I still withdraw a delisted asset?
Yes, withdrawal functionality for a delisted asset typically remains available for a set period after trading is halted. OKX has announced that withdrawals for these specific assets will be suspended on July 27, 2024, giving users ample time to withdraw.
How can I stay informed about future delistings?
The best way to stay informed is to regularly check official OKX announcements through their website or app. Enabling notification settings for important updates is also highly recommended.
Should I be worried about other tokens I hold?
A single delisting does not necessarily indicate issues with other assets. OKX's review process is continuous and specific to each project. However, it is always crucial for investors to conduct their own ongoing research on any asset they hold.
Where can I find more information on OKX's policies?
For a comprehensive understanding of the risks and rules, please refer to the official Terms of Service and other legal documents provided on the OKX website. 👉 Review important policies and disclaimers
Risk Warning: The content above, including any information provided by third parties, is for informational and educational purposes only. It is not intended to constitute financial, investment, or any other form of advice. OKX does not guarantee the accuracy or completeness of this information and shall not be held responsible for any investment decisions made based on it. Digital assets are highly speculative, volatile, and can become illiquid. There is a significant risk of losing your entire investment. You should always conduct your own independent research and assess your risk tolerance before engaging in any trading activity. Please read OKX's Terms of Service and Risk Disclosure policies for more detailed information.