OKX to Delist Several Spot Trading Pairs

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The cryptocurrency market is dynamic, and exchanges must continuously adapt to maintain efficient and high-quality trading environments. As part of this ongoing optimization, OKX regularly reviews the performance and compliance of its listed trading pairs. Based on user feedback and in accordance with the OKX Token Delisting/Hiding Guideline, certain spot trading pairs that no longer meet listing criteria will be delisted.

This update ensures a more robust, secure, and user-focused trading experience across the platform. Below is a detailed breakdown of the affected pairs, timelines, and important actions users should take.

Affected Spot Trading Pairs and Delisting Schedule

To maintain transparency, OKX has categorized the delisting process into three phases, each with a specific date and time for removal. All times are listed in Vietnam Time (UTC+7).

Phase 1: September 21, 2023

The following trading pairs will be delisted on September 21, 2023, between 15:00 and 15:30:

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Phase 2: September 25, 2023

The following pairs will be removed on September 25, 2023, between 15:00 and 15:30:

Phase 3: September 26, 2023

Final delistings will occur on September 26, 2023, between 15:00 and 15:30, affecting these pairs:

Key Actions for Users

To avoid unintended consequences, users must take proactive steps before the delisting times.

Cancel Open Orders

All open orders related to the affected pairs will be automatically canceled by the system if not manually closed before the delisting window. Users are strongly advised to review their active orders and close positions accordingly. The cancellation process may take up to 1–3 business days to fully reflect in the system.

Deposit and Withdrawal Updates

Deposit Suspension

Deposits for HEGIC and MDA tokens were suspended starting September 12, 2023, at 15:00 (Vietnam Time). Users should manage their assets accordingly to avoid delays or failed transactions.

Withdrawal Suspension

Withdrawals for HEGIC and MDA will be paused beginning November 25, 2023, at 15:00 (Vietnam Time). After delisting is complete, affected assets can still be accessed under Assets > Funding > Non-tradable Assets.

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Why Does Delisting Happen?

Delisting is a standard practice among major exchanges to ensure only high-quality, liquid, and compliant tokens remain tradable. Factors influencing delisting decisions include:

OKX remains committed to maintaining a healthy trading ecosystem by periodically evaluating all listed assets. This process supports long-term sustainability and protects user interests.

Frequently Asked Questions (FAQ)

Q: What happens to my funds if I don’t close my position before delisting?
A: Any open orders will be automatically canceled by the system. Your base and quote assets will be returned to your spot wallet. However, it’s best to act proactively to avoid delays.

Q: Can I still withdraw HEGIC and MDA after delisting?
A: Withdrawals for HEGIC and MDA will be disabled after November 25, 2023. You will no longer be able to withdraw these tokens from OKX after that date.

Q: Where can I find my non-tradable assets after delisting?
A: After delisting, your tokens will appear in the Non-tradable Assets section under Assets > Funding. You can view balances but cannot trade or transfer them.

Q: Will these tokens ever be relisted?
A: Relisting depends on the project’s ability to meet OKX’s current standards in the future. There is no guarantee of relisting, but projects may reapply through the official process.

Q: How does OKX decide which tokens to delist?
A: Decisions are based on liquidity, trading activity, project health, user feedback, and adherence to OKX’s listing guidelines. Transparency and fairness are central to this evaluation.

Ongoing Commitment to Quality Listings

OKX continuously monitors all listed trading pairs and reserves the right to delist or hide tokens as necessary. This ensures a secure, efficient, and compliant trading environment for all users. The exchange emphasizes long-term value over short-term speculation, aligning with global best practices in digital asset management.

Users are encouraged to stay informed through official channels such as the Support Center or by connecting with the OKX community on preferred platforms.

Risk Disclaimer

The information provided in this notice is for general informational purposes only and may include third-party data not verified by OKX. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any asset.

Digital assets are highly speculative and volatile. Liquidity can decrease rapidly, and investors may lose their entire investment. Always conduct independent research and assess your risk tolerance before engaging in any trading activity.

OKX is not liable for any losses incurred from trading or holding delisted assets. For full details, please refer to the Terms of Service and Risk & Compliance Disclosure.

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User diligence is essential in navigating the evolving crypto landscape. By staying informed and acting promptly, traders can better manage their portfolios and adapt to platform updates seamlessly.