In an ongoing effort to ensure a secure, efficient, and high-performing trading environment, OKX regularly evaluates the performance and compliance of all listed spot trading pairs. As part of this continuous optimization process, certain trading pairs that no longer meet our strict listing standards will be removed from the platform.
This decision is driven by comprehensive market analysis, user feedback, and adherence to our commitment to offering only the most viable and trustworthy digital assets for trading. Below is a detailed overview of the upcoming changes, including timelines, user actions, and asset management guidance.
Affected Trading Pairs
The following spot trading pairs will be delisted due to failure to meet OKXβs current listing criteria:
- SKEB/USDT
- MOVEZ/USDT
- PIT/USDT
- EM/USDT
- LET/USDT
- MRST/USDT
These pairs have been identified through routine performance reviews that assess liquidity, trading volume, project activity, and overall market demand. Assets that fall below minimum thresholds are subject to delisting to maintain platform integrity and user experience.
π Stay ahead of market changes with real-time updates on supported assets
Delisting Timeline and Key Deadlines
To ensure a smooth transition for all users, OKX has established a clear timeline for the delisting process:
π Spot Trading Termination
Date: May 27, 2024
Time: 8:00 AM β 8:30 AM UTC
At this time, all affected trading pairs will be officially removed from the spot market. Any open orders related to these pairs will be automatically canceled by the system. Users are strongly advised to manually cancel or adjust their orders before the deadline to avoid unexpected execution or slippage.
Please note that order cancellation processing may take 1β3 business days, depending on system load and network conditions.
π₯ Deposit Suspension
Effective: May 20, 2024, 8:00 AM UTC
Deposits for the following cryptocurrencies have already been suspended:
SKEB, MOVEZ, PIT, EM, LET, MRST
Once deposits are disabled, no new funds of these assets can be sent to your OKX account. If you have pending transactions, they may be rejected or lost. Always verify deposit statuses before initiating transfers.
π§Ύ Withdrawal Deadline
Effective: July 27, 2024, 8:00 AM UTC
After this date, withdrawals for the above-mentioned tokens will no longer be supported. It is crucial that users withdraw their holdings before the cutoff to retain access to their assets.
Failure to act before July 27 may result in permanent loss of funds, as OKX will not facilitate withdrawals after the suspension takes effect.
π Secure your digital assets by transferring them safely before deadlines
Managing Your Untradable Assets
Once delisting is complete, any remaining balances of SKEB, MOVEZ, PIT, EM, LET, or MRST will be categorized as untradable assets. You can locate these in your account under:
Assets > Funding > Untradable Assets
While these assets will no longer be tradeable or depositable, they remain accessible for withdrawal until July 27. We encourage all holders to review their portfolios and take appropriate action well in advance.
Why Does OKX Delist Trading Pairs?
Delisting is a standard practice across leading crypto exchanges and reflects a proactive approach to risk management and market quality. OKX evaluates listed assets based on several key factors:
- Trading volume and liquidity β Low activity increases slippage and reduces market efficiency.
- Project health and development β Inactive teams or stalled roadmaps may indicate long-term viability issues.
- Community engagement and transparency β Projects must maintain open communication and verifiable progress.
- Regulatory compliance β Assets must align with evolving legal frameworks and exchange policies.
By removing underperforming or non-compliant tokens, OKX ensures a safer and more reliable ecosystem for traders and investors alike.
Frequently Asked Questions (FAQ)
β Why were these specific tokens delisted?
These tokens were delisted because they no longer meet OKXβs minimum requirements for trading volume, liquidity, project activity, or community support. Our goal is to maintain a high-quality asset selection for all users.
β Can I still withdraw my tokens after delisting?
Yes, you can withdraw SKEB, MOVEZ, PIT, EM, LET, and MRST until July 27, 2024, at 8:00 AM UTC. After this date, withdrawal functionality will be permanently disabled.
β What happens if I donβt withdraw before the deadline?
If you fail to withdraw before July 27, you may lose access to your funds permanently. OKX will not provide recovery options or compensation for unwithdrawn assets after the cutoff.
β Will these tokens ever be relisted?
Relisting is possible only if a project demonstrates significant improvement in performance, transparency, and compliance. Any future relisting decisions will be announced officially via OKX channels.
β Where can I find official updates about listings and delistings?
All official announcements are published on the OKX website and app under the "Announcements" section. We recommend enabling notifications to stay informed in real time.
β Is delisting a sign that a token is fraudulent?
Not necessarily. Delisting does not imply fraud or illegality. It simply means the asset no longer satisfies OKXβs operational or market standards. Users should conduct independent research before making investment decisions.
Commitment to a Secure Trading Environment
OKX remains dedicated to providing a transparent, secure, and user-focused trading experience. Regular evaluation of listed assets helps us adapt to dynamic market conditions while protecting our users from low-quality or high-risk digital assets.
We understand that changes like these can impact your trading strategy. Thatβs why we provide ample notice and clear instructions to help you manage your holdings responsibly.
π Explore actively listed assets with strong liquidity and growth potential
Final Reminders
- β Cancel open orders before May 27, 2024
- β Do not deposit SKEB, MOVEZ, PIT, EM, LET, or MRST β deposits are already closed
- β Withdraw all holdings before July 27, 2024 to avoid permanent loss
Your proactive management of digital assets is essential in the fast-moving crypto landscape. Staying informed and acting promptly can make all the difference in preserving value and minimizing risk.
Risk Warning
The information provided herein is for general informational and educational purposes only. It may include data from third-party sources and does not constitute financial advice, investment recommendations, or an offer to buy or sell any digital asset.
Digital assets are highly volatile and speculative. Prices can fluctuate dramatically, and you may lose your entire investment. OKX does not guarantee the accuracy or completeness of any information presented. Always perform your own due diligence and assess your risk tolerance before engaging in any trading activity.
Furthermore, this content is not intended for individuals residing in jurisdictions where such information violates local laws or regulations. OKX assumes no liability for any losses incurred through the use of this information.
For full details on risks and terms of service, please refer to the official OKX documentation.
Last Updated: May 21, 2024