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<div class="cryptonews">
 <p class="is-style-lead">One of the largest cryptocurrency exchanges, OKX, announced <a rel="noopener noreferrer nofollow" title="delist" href="https://thebittimes.com/tag/delist.html">delist</a>ing several trading pairs at once.</p>
 <p>According to the Dec. 29 announcement, OKX will <a rel="noopener noreferrer nofollow" title="delist" href="https://thebittimes.com/tag/delist.html">delist</a> stablecoin USD Coin (USDC), Tether (USDT), and Bitcoin (BTC) trading pairs with several prominent privacy-focused cryptocurrencies, including Monero (XMR) and Dash (DASH). The <a rel="noopener noreferrer nofollow" title="delist" href="https://thebittimes.com/tag/delist.html">delist</a>ing will take place on Jan. 4 and 5, 2024.</p>
 <p>The exact reason for this decision is unknown. Platform representatives stated the following:</p>
 <blockquote class="wp-block-quote">
  <p>“To maintain a robust spot trading environment, we constantly monitor the performance of all listed trading pairs and review their listing qualifications regularly.”</p> <cite>OKX announcement</cite>
 </blockquote>
 <p>The exchange recommended that orders for these pairs be canceled prior to <a rel="noopener noreferrer nofollow" title="delist" href="https://thebittimes.com/tag/delist.html">delist</a>ing, otherwise they will be canceled automatically within 1-3 business days. The exchange had also suspended accepting deposits in some currencies, including XMR and DASH, on Dec. 27. Withdrawals will be suspended on Mar. 5, 2024.</p>
 <p>Earlier, the head of OKX listed five basic principles that guide the company when choosing cryptocurrencies for listing. As the CEO of OKX noted, in the process of work the team developed five basic principles for selecting <a rel="noopener noreferrer nofollow" title="tokens" href="https://thebittimes.com/tag/tokens.html">tokens</a> for placement on the exchange. In addition the CEO says the company has certain criteria for selecting coins for spot and futures trading. In its work, the platform adheres to the principles of transparency and strives to develop infrastructure and introduce technology.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/okx-to-delist-privacy-tokens-in-january-2024-tbt75084.html">https://thebittimes.com/okx-to-delist-privacy-tokens-in-january-2024-tbt75084.html</a></p>

OKX to delist privacy tokens in January 2024

TheBitTimes

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