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OKX Announces Delisting of KITE Perpetual Futures on December 8

OKX Announces Delisting of KITE Perpetual Futures on December 8

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by David Robinson

7 months ago

In a significant move for its trading platform, OKX has announced the delisting of the KITE/USDT perpetual futures trading pair, effective December 8, 2023. According to the results published in the material, this decision is set to impact traders who currently hold positions in this market.

Delisting Announcement

The delisting will take place at 8:00 AM UTC, and traders are strongly advised to close any open positions and cancel pending orders prior to this deadline to avoid any complications.

Reasons for Delisting

OKX's decision is part of a broader strategy aimed at maintaining a healthy trading environment. The exchange has cited the following key factors influencing this move:

  • Low trading volume
  • Low liquidity

It emphasizes its commitment to providing a robust marketplace for its users.

As OKX announces the delisting of the KITE/USDT perpetual futures trading pair, the cryptocurrency community is also looking forward to the upcoming launch of a new memecoin and Aster's S4 buyback program. For more details, see more.

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