As part of its ongoing commitment to maintaining a secure, efficient, and high-performing trading environment, OKX regularly evaluates the performance and compliance of all listed spot trading pairs. Based on user feedback, market activity analysis, and platform standards, OKX has announced the upcoming delisting of several underperforming cryptocurrencies.
This decision reflects OKX’s proactive approach to ensuring that only high-quality, liquid, and widely supported digital assets remain available for trading. Users are advised to take necessary actions before key deadlines to avoid disruptions to their portfolios.
Affected Trading Pairs
The following spot trading pairs will be removed from the OKX platform:
- SKEB/USDT
- MOVEZ/USDT
- PIT/USDT
- EM/USDT
- LET/USDT
- MRST/USDT
These pairs have been identified as failing to meet OKX’s criteria for sustained listing, including insufficient trading volume, low market demand, or lack of ecosystem development.
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Key Timeline for Delisting Process
To ensure a smooth transition and protect user interests, OKX has established a clear timeline for the delisting process:
1. Suspension of Crypto Deposits
Deposits for the affected tokens — SKEB, MOVEZ, PIT, EM, LET, and MRST — were suspended starting 08:00 UTC on May 20, 2024. After this time, no new deposits of these assets are accepted. Users who held these tokens prior to the cutoff can still manage them within their OKX accounts.
2. Trading Pair Delisting Execution
The official removal of the trading pairs will occur between 08:00 and 08:30 UTC on May 27, 2024. All open orders related to these pairs must be canceled by users before this window. If not manually canceled, the system will automatically cancel outstanding orders during this period. Please note that order cancellation processing may take 1 to 3 business days.
3. Suspension of Crypto Withdrawals
Withdrawals for the affected cryptocurrencies will be disabled starting 08:00 UTC on July 27, 2024. This grace period allows users ample time to withdraw their holdings if they wish to transfer assets to another platform. After this date, withdrawal functionality for these tokens will no longer be available on OKX.
Once the delisting process is complete, any remaining balances of these tokens will be visible under Assets > Funds > Non-tradable Assets in your OKX account.
Why Does Delisting Happen?
Delisting is a standard practice across major cryptocurrency exchanges to maintain platform integrity and user trust. Assets may be delisted for several reasons:
- Low liquidity or trading volume
- Lack of project development or community engagement
- Security concerns or smart contract vulnerabilities
- Non-compliance with exchange listing policies
By removing underperforming or inactive assets, OKX ensures that traders have access to a curated selection of reliable and actively traded digital currencies.
What Should You Do Now?
If you currently hold any of the affected tokens or have open positions, here are recommended steps:
- Review Your Portfolio: Check your holdings in the Assets section to identify any exposure to SKEB, MOVEZ, PIT, EM, LET, or MRST.
- Cancel Open Orders: Before May 27, 2024, cancel any open trades involving these pairs to avoid automatic cancellation.
- Withdraw Before Deadline: If you plan to keep these assets long-term, consider withdrawing them before July 27, 2024.
- Monitor Account Notifications: Stay updated through OKX app alerts or email communications for further instructions.
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Frequently Asked Questions (FAQ)
Q: Why is OKX delisting these tokens?
A: OKX regularly reviews all listed assets based on liquidity, user demand, project activity, and security standards. Tokens that no longer meet these criteria may be delisted to ensure a high-quality trading experience.
Q: Can I still trade these pairs after May 27, 2024?
A: No. Trading for the affected pairs will cease between 08:00 and 08:30 UTC on May 27, 2024. After that time, these markets will no longer be available.
Q: What happens to my open orders?
A: Any open orders at the time of delisting will be automatically canceled by the system. Processing may take 1–3 business days.
Q: Can I withdraw my tokens after July 27, 2024?
A: No. Withdrawal support for SKEB, MOVEZ, PIT, EM, LET, and MRST ends at 08:00 UTC on July 27, 2024. You must withdraw before this deadline if you wish to move your assets elsewhere.
Q: Where can I see my remaining balance after delisting?
A: After delisting, your holdings will appear under Assets > Funds > Non-tradable Assets in your OKX account.
Q: Will these tokens ever be relisted?
A: Relisting depends on future project performance and compliance with OKX’s standards. There is no guarantee of relisting once an asset has been removed.
Ongoing Commitment to Platform Excellence
OKX remains dedicated to providing a transparent, secure, and user-focused trading environment. The platform continuously monitors listed assets and applies its delisting or hiding mechanisms when necessary to uphold quality standards.
This proactive curation helps protect investors from low-liquidity or stagnant projects while promoting innovation and sustainability in the digital asset ecosystem.
Risk Disclosure
The information provided in this notice is for general informational and educational purposes only. Some details may be sourced from third parties and are not guaranteed by OKX for accuracy or completeness. This content does not constitute financial advice, investment recommendations, or an offer to buy or sell any asset.
Digital assets are highly speculative and subject to extreme price volatility. They may become illiquid at any time, and investors risk losing their entire investment. Always conduct independent research and assess your risk tolerance before engaging in cryptocurrency trading.
OKX is not liable for any losses incurred from the use of this information. For full terms and conditions, please refer to the official OKX website policies.
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