As a dedicated researcher in the dynamic world of cryptocurrencies and digital assets, I have witnessed numerous exchange delistings throughout my career. OKX’s recent announcement to delist several trading pairs, including those for Cardano (ADA), Shiba Inu (SHIB), XRP, Litecoin (LTC), Polygon (MATIC), Chainlink (LINK), Dogecoin (DOGE), and Polkadot (DOT), has piqued my interest.
According to recent announcements from cryptocurrency exchange OKX, they will be removing certain trading pairs involving tokens such as Cardano (ADA), Shiba Inu (SHIB), and XRP. This decision was made after the exchange conducted a review of these pairs’ performance, which unfortunately did not meet their desired standards.
OKX To Delist These Trading Pairs
As an analyst, I’d rephrase that announcement from OKX as follows:
The cryptocurrency exchange clarified that this action was part of their routine assessment and management of all available trading pairs on their platform, with the aim of ensuring a strong and reliable spot trading market. OKX announced that they would be removing certain trading pairs due to their failure to meet the exchange’s listing requirements, without specifying the particular reasons behind this decision.
Based on my extensive experience in the cryptocurrency market and having closely monitored the announcements from various exchanges, I can confirm that OKX has provided clear details regarding the delisting of certain spot trading pairs. Specifically, I’ve learned that the ADA–ETH pair will be taken down on July 25 between 8 and 8:30 a.m. UTC. Furthermore, the XRP-ETH and SHIB–BTC pairs are scheduled for delisting on July 26 within the same time frame. These announcements serve as important reminders for traders to adjust their portfolios accordingly to avoid any potential disruptions or losses due to these changes.
Starting August 1 and August 2, respectively, between 8 and 8:30 a.m. UTC, OKX will remove the ADA–BTC and XRP-BTC trading pairs from its platform. If you have open orders for these pairs, it is recommended that you cancel them before the delisting dates to avoid any disruption. Failure to do so may result in the system automatically cancelling your orders; however, please note that cancellation processing may take up to 3 business days.
OKX Launches Telegram-based Game
OKX has been actively making strides in the crypto industry recently with the goal of expanding its market share. Notably, they have introduced “OKX Racer,” a mini-game app on Telegram, marking them as the first major exchange to do so. The game focuses on Bitcoin‘s price fluctuations and tasks players with accurately predicting the flagship crypto’s movements within brief five-second intervals.
Jason Lau, the Chief Innovation Officer at OKX, emphasized the increasing prevalence of Telegram’s mini-app platform and its significance as a “must-visit destination” for individuals aiming to interact with the crypto community. He expressed his company’s intention to adopt this convenient method to “foster communities, motivate involvement, and promote enjoyment.”
Telegram’s mini-apps have gained significant attention recently due to the possibility of future token giveaways. Much like Notcoin’s NOT airdrop campaign, these platforms may distribute tokens to gamers at a later stage. Nevertheless, Lau has yet to disclose if his crypto exchange intends to motivate gamers through this airdrop scheme.
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2024-07-24 16:11