Terra

Crypto exchange OKX will delist XRP, SHIB, and other cryptocurrencies in BTC and ETH pairs in the coming days. The company announced the decision citing listing criteria among others. The centralized crypto exchange race intensifies as platforms set sight on volume following upticks in the market.&nbsp; 
<h2 id="strong-okx-delist-crypto-in-btc-and-eth-pairs-strong">OKX Delist Crypto In BTC and ETH Pairs</h2> 
The digital asset exchange has moved to delist a total of 40 <a rel="nofollow" href="https://www.okx.com/help/okx-to-delist-several-spot-trading-pairs-25-7" target="_blank">trading pairs</a> and 30 crypto assets in those pairs. In a new release, OKX disclosed the <a href="https://coingape.com/crypto-market-this-week-bitcoin-conference-ether-etf-pce-inflation-in-focus/" target="_blank" rel="noopener">crypto assets</a> to be delisted in four phases citing the need to maintain a robust trading environment resulting in monitoring of listing qualifications. Similar feedback from users and the OKX delisting guideline comes into play as trading pairs do not fulfill the criteria.&nbsp; 
The first group of trading pairs will be delisted by the exchange on July 25. They include LTC-ETH, MATIC-BTC, ADA-ETH, FIL-ETH, LINK-ETH, OKB-ETH, HBAR-BTC, EOS-ETH, QTUM-BTC, and GRT-BTC. The next set of pairs will be delisted on July 26; ATOM-ETH, XCH-BTC, MKR-BTC, NEO-BTC, OKT-ETH, OKT-BTC, XRP-ETH, SHIB-BTC, DOGE-ETH, TRX-ETH. 
Similarly, the last two groups will be delisted the following week on Aug 1 and 3 respectively. The flagged pairs include; ADA-BTC, FIL-BTC, NEAR-BTC, LINK-BTC, DOT-BTC, UNI-BTC, ETC-BTC, ATOM-BTC, EOS-BTC, AVAX-BTC, CRV-BTC, TRX-BTC, CHZ-BTC, AAVE-BTC, XLM-BTC, CRO-BTC, XRP-BTC, and DOGE-BTC. 
The crypto exchange noted that it will continue to monitor these aforementioned trading pairs and implement strategies around delisting mechanisms where necessary. 
Also Read: <a href="https://coingape.com/terr-sets-preliminary-date-luna-lunc-ustc-recovery/" target="_blank" rel="noopener">Terra Sets Preliminary Date For LUNA, LUNC, USTC Recovery</a> 
<h2 id="span-style-font-weight-400-strong-what-s-next-strong-span">What’s Next?&nbsp;</h2> 
Per the announcement, OKX told users to cancel orders involving these trading pairs before the deadline to prevent an automatic cancellation.&nbsp; 
<blockquote>
 “We will delist the above-mentioned trading pairs at the delisting times listed above. We advise users to cancel orders about these trading pairs before the delisting. Otherwise, the system will automatically cancel these orders. The cancellation may take 1-3 working days.”
</blockquote> 
The delisting of these trading pairs can reduce market confidence as seen in the last with major digital asset exchanges. Investors can access the listing of coins on centralized exchanges to determine market growth. However, less popular assets will be more affected than notable cryptocurrencies.&nbsp; 
Also Read: <a href="https://coingape.com/news/stocks/cathie-woods-ark-sheds-more-tesla-shares-ahead-q2-earnings/" target="_blank" rel="noopener">Cathie Wood’s Ark Sheds More Tesla Shares Ahead Q2 Earnings</a> 
The post <a href="https://coingape.com/okx-to-delist-xrp-shib-ada-27-crypto-in-btc-and-eth-pairs/">Just-In: OKX To Delist XRP, SHIB, ADA, &amp; 27 Crypto In BTC and ETH Pairs</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Just-In: OKX To Delist XRP, SHIB, ADA, & 27 Crypto In BTC and ETH Pairs

Table of Contents

Coingape News Media

Outros artigos publicados em 23 de jul. de 2024

Wintermute Fundraising Aims For $200-300 Million With Tencent: Report

Hamster Kombat Slammed, Russian Lawmaker Wants it Banned

Uniswap (UNI) Sees Abnormal 1,298% Whale Activity Surge, What's Going On?

Bitcoin trader warns of local BTC price top after $530M ETF inflows

140 Million XRP Acquired by Mega Whales in Bullish Rush: Details

MoonBag Presale Puts Galxe in an Unrecoverable Spot

Join our free newsletter for daily crypto updates!