OKX to Delist Multiple Trading Pairs on August 29

OKX has announced the removal of several trading pairs to enhance market liquidity and streamline the trading process.

The exchange will delist DMAIL, VENOM, and REN paired with USDT on August 29, 2024, at 11:00 a.m. UTC.

After the delisting, all related trades will be halted, and any open orders canceled. Perpetual futures contracts will be settled based on the average index price during the last hour before delisting.

OKX has also stated that no funding fees will apply from the time of delisting.

READ MORE:

Gemini to Delist Terra Luna Classic and Other Cryptocurrencies

To avoid potential risks, traders are advised to adjust their positions beforehand. Large positions may face temporary withdrawal restrictions post-settlement, though normal transfers will resume shortly after.

Users will still be able to access transaction records on the platform after the pairs are removed.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.