OKX’s announcement states that spot trading support for KSM-USDC, FLOW-USDC, JST-USDC, KNC-USDC, ANT-USDC, FSN-USDT, ZKS-USDT, CAPO-USDT, and CVP-USDT pairs will be discontinued on January 4, 2024. Subsequently, on January 5th, XMR-BTC, XMR-ETH, XMR-USDT, XMR-USDC, DASH-BTC, DASH-USDT, ZEC-BTC, ZEC-USDT, ZEC-USDC, ZEN-BTC, and ZEN pairs will be removed from the trading platform-USDT.
Users are advised to cancel any pending orders related to these trading pairs before the specified dates. In case users take no action, the exchange will automatically cancel the orders. As of December 27, OKX has already suspended deposits for crypto assets FSN, ZKS, CAPO, CVP, XMR, DASH, ZEC, and ZEN, while withdrawals will be halted starting from March 5, 2024.
“To maintain a robust spot trading environment, we continually monitor the performance of trading pairs and regularly review listing qualifications. Based on user feedback and the existing process, we will remove several trading pairs that do not meet our criteria for listing on the platform,” OKX stated in its official announcement.
During December, OKX experienced a security breach resulting in a loss of over $2.7 million. However, the exchange has assured users that it will compensate for all the losses incurred.