tl;dr
OKX, a centralized crypto exchange, will delist XRP, SHIB, and other cryptocurrencies in BTC and ETH pairs in the coming days. The decision is based on listing criteria and the need to maintain a robust trading environment. A total of 40 trading pairs and 30 crypto assets will be delisted in four ph...
OKX, a centralized crypto exchange, has announced the delisting of XRP, SHIB, and other cryptocurrencies in BTC and ETH pairs. This decision is based on listing criteria and the necessity to maintain a robust trading environment. A total of 40 trading pairs and 30 crypto assets will be delisted in four phases starting from July 25.
Users are advised to cancel orders involving these trading pairs before the delisting to prevent automatic cancellation. The delisting may impact market confidence, particularly for less popular assets. This move intensifies the centralized crypto exchange race as platforms focus on volume in the market.
The delisting process will occur in four phases, with the first group of trading pairs including LTC-ETH, MATIC-BTC, ADA-ETH, FIL-ETH, LINK-ETH, OKB-ETH, HBAR-BTC, EOS-ETH, QTUM-BTC, and GRT-BTC being delisted on July 25. The next sets of pairs will follow on July 26 and the last two groups on Aug 1 and 3 respectively.
OKX has advised users to cancel orders involving these trading pairs before the deadlines to prevent automatic cancellation, noting that the delisting may reduce market confidence, particularly impacting less popular assets.