crypto exchange OKX has revealed plans to delist trading pairs for several crypto tokens, including Cardano (ADA), Shiba Inu (SHIB)and XRP. This comes after the crypto exchange conducted performance checks that showed these trading pairs were not meeting expectations.
OKX will delist these trading pairs
OKX announced blog post This will delist spot trading pairs for ADA-ETH, XRP-ETH, SHIB-BTC, ADA-BTC, and XRP-BTC. Other crypto tokens such as Litecoin (LTC), Polygon (MATIC), Chainlink (LINK), Dogecoin (DOGE)and Polkadot (DOT) were also caught in the mix, with OKX also revealing plans to delist some spot trading pairs related to these tokens.
OKX explained that the move is part of their regular monitoring and review of all listed trading pairs, in order to “maintain a robust spot trading environment.” OKX said they decided to delist these trading pairs because they do not meet their listing criteria. However, crypto exchange Failed to state the precise circumstance or factor justifying this action.
Meanwhile, OKX has informed the date and time when these spot trading pairs will be delisted. ada-eth The spot trading pair will be delisted on July 25 between 8 am and 8:30 am UTC (Coordinated Universal Time). The XRP-ETH and SHIB-BTC spot trading pair will be delisted on July 26 between 8 am and 8:30 am UTC.
Meanwhile, the ADA-BTC and XRP-BTC spot trading pairs will be delisted on August 1 and 2 between 8 and 8:30 am UTC, respectively. OKX advises customers to cancel orders related to these pairs before the delisting date. The system will automatically cancel these orders for those who fail to do so, although the exchange noted that the cancellation may take 1 to 3 working days.
OKX launches a Telegram-based game
OKX has been busy lately as the crypto exchange looks to grow and profit in the industry Large market shareWith the launch of ‘OKX Racer’, OKX Recently became First major exchange to issue Telegram Mini-App GameAccording to the announcement, the game focuses on the price movement of Bitcoin as gamers will be challenged to correctly predict the price action of the leading crypto within a span of five seconds.
Jason Lau, Chief Innovation Officer at OKEx, highlighted its growing popularity. Telegram’s mini-app platform and how it is becoming a “must-miss spot” for those looking to join the crypto community. He added that his firm wants to adopt this user-friendly approach to “grow communities, encourage participation, and encourage fun.”
These Telegram mini-apps have become popular due to the potential token airdrops that these platforms can later distribute to gamers, Notcoin’s Not Airdrop CampaignHowever, Lau did not reveal if the crypto exchange also plans to incentivize gamers through this airdrop model.
Featured image created by Dall.E, chart taken from Tradingview.com
