OKX to Delist SKEB, MOVEZ, PIT, EM, LET, and MRST Spot Trading Pairs

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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 OKX’s current listing criteria:

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.

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Delisting Timeline and Key Deadlines

To ensure a smooth transition for all users, OKX has established a clear timeline for the delisting process:

πŸ•’ Spot Trading Termination

Date: May 27, 2024
Time: 8:00 AM – 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 1–3 business days, depending on system load and network conditions.

πŸ“₯ 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.

🧾 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.

πŸ‘‰ 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:

By removing underperforming or non-compliant tokens, OKX ensures a safer and more reliable ecosystem for traders and investors alike.

Frequently Asked Questions (FAQ)

❓ Why were these specific tokens delisted?

These tokens were delisted because they no longer meet OKX’s minimum requirements for trading volume, liquidity, project activity, or community support. Our goal is to maintain a high-quality asset selection for all users.

❓ 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.

❓ What happens if I don’t 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.

❓ 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.

❓ 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.

❓ 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 OKX’s 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. That’s why we provide ample notice and clear instructions to help you manage your holdings responsibly.

πŸ‘‰ Explore actively listed assets with strong liquidity and growth potential

Final Reminders

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