Ethereum

Cryptocurrency

Bitcoin

Read

Cryptocurrency exchange OKX said it will delist over 30 trading pairs tied to Bitcoin and Ethereum in order to “optimize liquidity.”
International cryptocurrency exchange <a href="https://crypto.news/tag/okx/" target="_blank" rel="noopener noreferrer nofollow">OKX</a> is winding down support for over 30 trading pairs tied to Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">BTC</a>) and Ethereum (<a href="https://crypto.news/price/ethereum/" target="_blank" rel="noopener noreferrer nofollow">ETH</a>) after conducting “comprehensive market monitoring.”
In a July 30 blog announcement, the crypto trading platform said that 38 trading pairs will be delisted gradually, with the first batch to be removed starting on Jul. 25.
The delisting process will proceed as follows:
<ul>
 <li>LTC/ETH, MATIC/BTC, ADA/ETH, FIL/ETH, LINK/ETH, OKB/ETH, HBAR/BTC, EOS/ETH, QTUM/BTC, GRT/BTC (on Jul. 25).</li>
 <li>ATOM/ETH, XCH/BTC, MKR/BTC, NEO/BTC, OKT/ETH, OKT/BTC, XRP/ETH, SHIB/BTC, DOGE/ETH, TRX/ETH (on Jul. 26).</li>
 <li>ADA/BTC, FIL/BTC, NEAR/BTC, LINK/BTC, DOT/BTC, UNI/BTC, ETC/BTC, ATOM/BTC, EOS/BTC (on Aug. 1).</li>
 <li>AVAX/BTC, CRV/BTC, TRX/BTC, CHZ/BTC, AAVE/BTC, XLM/BTC, CRO/BTC, XRP/BTC, DOGE/BTC (on Aug. 2).</li>
</ul>
OKX has advised users with active orders in these pairs to cancel them before the specified delisting times. The platform will automatically cancel any remaining orders after the deadline, a process that may take up to three business days.
The decision to delist these pairs follows closely on the heels of OKX’s <a href="https://crypto.news/okx-withdraws-vasp-license-application-from-hong-kong/" target="_blank" rel="noopener noreferrer nofollow">withdrawal</a> of its Virtual Asset Service Provider (VASP) license application from Hong Kong two months ago, a move that wasn’t elaborated upon by the company. Additionally, in mid-July, OKX ceased operations in Nigeria, citing changes in local regulations.
Addressing the latest move, OKX emphasized that it will continue to monitor and enforce its trading pair listings in accordance with its “Rules on Hiding Tokens and Delisting Trading Pairs.”
Read more: <a href="https://crypto.news/hackers-target-okx-customers-in-suspected-sim-swap-attack/" rel="noopener noreferrer nofollow"> Hackers target OKX customers in suspected SIM swap attack </a>

Crypto exchange OKX to delist three dozen BTC, ETH trading pairs

crypto.news

Other articles published on Jul 23, 2024

ETHTrustFund DAO allegedly stole $2 million and laundered funds

'Rich Dad Poor Dad' Author Robert Kiyosaki Predicts Bitcoin, Gold, And Silver Prices Will Soar If...

Investors Show Increased Interest in Meme Coins

India’s 2024 Budget Abolished Angel Tax: Major Boost for Startups and Web3

Nate Geraci Predicts an ETF Dream Team & 5 Hidden Gems Set To Surge While Everyone Else Stagnates

JasmyCoin Price Prediction: Is a $1 Moonshot Realistic?

Join our free newsletter for daily crypto updates!