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OKX to Delist Several Altcoins Due to Low Demand

by

3 hours ago

Cryptocurrency exchange OKX has announced plans to delist several altcoins due to insufficient trading volume and user demand.

Reasons for Altcoin Delisting

OKX plans to delist altcoins BLOCK, UTK, AST, SIS, WXT, and WIFI and their trading pairs. This decision was made based on insufficient trading volume and user demand. The exchange considers user feedback and monitors the performance of trading pairs.

Trading and Deposit Stoppages

The delisting process will take place on October 24, 2024, between 11:00 AM and 11:30 AM UTC. Users with open orders in the affected trading pairs are advised to cancel them before this date, otherwise the system will automatically cancel any remaining orders. Deposits for these tokens were suspended as of October 15, 2024.

Withdrawal Deadline

Withdrawals of these delisted assets will be available until January 24, 2025. After this date, users will no longer be able to withdraw BLOCK, UTK, AST, SIS, WXT, and WIFI. OKX recommends completing withdrawals before the deadline for user convenience.

Delisting is aimed at enhancing the user experience and optimizing the trading environment on the platform. OKX will continue to review and delist tokens that do not meet its listing criteria.

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