Delisting of Privacy-Focused Coins
Crypto exchange OKX has announced that it will be delisting eight privacy-focused coins in the coming days. The affected coins include monero (XMR), zcash (ZEC), and dash (DASH), among others. According to a press release, the exchange is taking this step to maintain a robust spot trading environment.
“Please manage your assets promptly,” OKX advised in regards to the suspended deposits of XMR, ZEC, DASH, FSN, ZKS, CAPO, CVP, and ZEN. Withdrawals for these coins will also be suspended, starting on March 5, 2024.
Review of Listing Qualifications
OKX has emphasized its commitment to continuously monitor the performance of all listed trading pairs and review their listing qualifications. As part of this process, the exchange has announced that it will delist twenty trading pairs in early January of next year.
The delisting will impact trading pairs involving popular cryptocurrencies such as bitcoin (BTC), ethereum (ETH), USDC coin (USDC), and tether (USDT). Users are advised to cancel their orders pertaining to these trading pairs before the delisting date, or the system will automatically cancel them.