Cryptocurrency exchange OKX has announced plans to remove the BONE token from its trading pairs list. The SHIB community responded to this announcement, highlighting the token’s availability on other platforms.
OKX Delists BONE
The OKX cryptocurrency exchange has announced its intention to delist the BONE token from its trading pairs. According to the platform's notice, this decision is based on user feedback and token delisting rules. Specifically, the BONE/USDT and BONE/USD pairs will be removed. As of June 30, deposits for BONE and other tokens slated for removal have been suspended, and users will be able to withdraw their balances until September 30. The final delisting is scheduled for July 7.
Benefits of Using Shibarium
The SHIB community highlighted the benefits of using Shibarium and DeFi wallets compared to traditional centralized exchanges. A tweet from the "Shibarium/BONE Updates" account emphasizes that a DeFi wallet does not require identification, KYC procedures, email address, or phone number. Users can create a wallet in under a minute while maintaining control of their funds. In contrast, opening an account on a centralized exchange involves submitting various documents and waiting for approval.
Community Feedback
Community members responded to the news of BONE's delisting with confidence in the token's future. Many noted that despite its removal from OKX, BONE remains available on other major platforms like Crypto.com, where it has millions of users. However, the community also shows interest in the DeFi possibilities and autonomy gained by using Shibarium.
The OKX exchange is taking steps to delist the BONE token, but the SHIB community is finding alternative trading options and emphasizing the importance of decentralized financial solutions like Shibarium.
