OKX Cryptocurrency Exchange revealed plans to delist trading pairs for several crypto tokens, including Cardano (ADA), Shiba Inu (SHIB)and XRP. This follows a performance check by the crypto exchange, which shows that these trading pairs are not meeting expectations.
OKX to delist these trading pairs
OKX announced in a blog post that it will remove spot trading pairs for ADA-ETH, XRP-ETH, SHIB-BTC, ADA-BTC, and XRP-BTC, among others. Other crypto tokens like Litecoin (LTC), Polygon (MATIC), Chain link (LINK), Dogecoin (DOGE)and Polkadot (DOT) were also caught in the mix, with OKX also revealing plans to delist some spot trading pairs tied to these tokens.
The crypto explained that the move was part of its regular monitoring and review of all listed trading pairs in order to “maintain a robust spot trading environment.” OKX said it decided to delist these trading pairs as they do not meet its listing criteria. However, the cryptocurrency exchange did not mention the exact circumstance or factor that justified this action.
In the meantime, OKX has clarified the date and time when these spot trading pairs will be delisted. ADA-ETH The spot trading pair XRP-ETH and SHIB-BTC will be delisted on July 25 between 8:00 and 8:30 UTC (Coordinated Universal Time). The spot trading pairs XRP-ETH and SHIB-BTC will be delisted on July 26 between 8:00 and 8:30 UTC.
Meanwhile, ADA-BTC and XRP-BTC spot trading pairs will be delisted on August 1 and 2, respectively, between 8:00 and 8:30 UTC. OKX advised its clients to cancel orders for these pairs before the delisting date. The system will automatically cancel these orders for those who do not, although the exchange noted that cancellation may take 1-3 business days.
OKX Launches Telegram-Based Game
OKX has been busy lately as the cryptocurrency exchange looks to move forward in the industry and earn a place a larger market shareWith the launch of “OKX Racer”, OKX has recently become the first major stock exchange to publish a Telegram Mini App GameAccording to the announcement, the game centers around the price movement of Bitcoin, as players will be challenged to correctly guess the flagship cryptocurrency’s price action in five-second intervals.
Jason Lau, Chief Innovation Officer at OKX, highlighted the growing popularity of Telegram’s mini-app platform and how it’s becoming a “go-to place” for those looking to engage with the crypto community. He said his company wants to take this user-friendly approach to “cultivate communities, encourage participation and encourage fun.”
These Telegram mini-apps have become popular due to potential airdrops of tokens, which these platforms could later distribute to gamers, in the same way Notcoin NOT Airdrop CampaignHowever, Lau did not specify whether the cryptocurrency exchange also plans to incentivize players through this airdrop model.
Featured image created with Dall.E, chart by Tradingview.com
