OKX prepares divisting several trading couples

OKX cryptocurrency exchange has announced plans to remove several trading couples as part of the support of a reliable trade environment.

From March 20, OKX will stop supporting 11 trading couples. We tell you what tokens have touched on the changes on the crypto officer.

What users need to know

Next week, the OKX crypto -rope will remove the following trading pairs from its platform:

  • XR/USDT
  • Goal/USDT
  • Goal/USDC
  • KP3R/USDT
  • KP3R/USDC
  • LBR/USDT
  • Lamb/USDT
  • Lamb/USDC
  • BZZ/USDT
  • BZZ/USDC
  • GPT/USDT

“In order to maintain a stable environment for spare trade, we constantly monitor the effectiveness of all trading pairs on the platform and regularly check their compliance with the requirements. Based on user reviews, we will delete several trading couples that no longer meet our listing criteria, ”the OKX press release says.

Delistering decisions are usually made on the basis of liquidity criteria, trading volume and popularity among users.

Delistering will take place on March 20 from 8:00 to 9:00 UTC (from 11:00 to 12:00 Moscow time). Until that time, users must cancel orders associated with pairs that have fallen under removal, or withdraw funds from the platform. Otherwise, OKX will close all the positions of traders automatically.

Deposits for XR, Goal, KP3R, LBR, LAMB, BZZ and GPT will be suspended from today, March 13.

Market reaction

On the news about divisting, the quotes of the touched tokens sank by 30% or more. The largest fall was experienced by Lamb, BZZ and LBR, which fell into 73%, 60% and 50%, respectively.

The cost of the XR coin dropped by slightly more than 30%, while Goal and KP3R collapsed by 38% and 30%, respectively. GPT quotes sank by almost 50%.

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Source: Cryptocurrency

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