International cryptocurrency exchange OKX is winding down support for over 30 trading pairs tied to Bitcoin (BTC) and Ethereum (ETH) after conducting
Cryptocurrency exchange OKX is set to optimize liquidity by gradually delisting over 30 trading pairs linked to Bitcoin and Ethereum.
After conducting “comprehensive market monitoring,” international cryptocurrency exchange OKX has announced that it will no longer support over 30 trading pairs linked to Bitcoin (BTC) and Ethereum (ETH).
According to a July 30 blog announcement by OKX, 38 trading pairs will be delisted gradually, with the first batch being removed starting on Jul. 25. The pairs to be delisted are listed below:
The following is a breakdown of the delisting process:
Before the specified delisting times, OKX has advised traders with active orders in these pairs to cancel them. After the deadline, the platform will automatically cancel any remaining orders, which may take up to three business days.
This decision comes after OKX withdrew its application for a Virtual Asset Service Provider (VASP) license from Hong Kong two months ago, which the company did not explain. Furthermore, OKX closed its operations in Nigeria in mid-July due to changes in local regulations.
Regarding the latest development, OKX stated that it will continue to monitor and enforce its trading pair listings in accordance with its “Rules on Hiding Tokens and Delisting Trading Pairs.”
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