To maintain a high-quality trading environment, OKX continuously monitors and evaluates the performance of all listed assets on its platform. Following user feedback and in accordance with OKX's Token Delisting and Hiding Guidelines, several spot trading pairs that no longer meet our stringent listing criteria will be removed.
This article details the affected pairs, the timeline for the delisting process, and provides essential guidance for users holding these assets.
Affected Trading Pairs for Delisting
The following spot trading pairs have been scheduled for removal from the OKX exchange:
- KOL/USDT
- GM/USDT
- SRM/USDT
- SRM/USDC
- UMEE/USDT
- VALUE/USDT
- MITH/USDT
- JFI/USDT
- SOS/USDT
Detailed Delisting Timeline and User Actions
The delisting process will be carried out in three distinct phases. Users holding these tokens are strongly advised to take note of the following schedule to manage their assets effectively.
Deposit Suspension Date
Deposit services for the tokens KOL, GM, SRM, UMEE, VALUE, MITH, JFI, and SOS were suspended starting at 08:00 UTC on October 5, 2023. Attempting to deposit these tokens after this time will not be successful.
Official Delisting and Trading Halt
The official delisting and removal of the specified trading pairs will occur between 08:00 and 08:30 UTC on October 16, 2023.
Crucial User Action: All users must cancel any open orders for these pairs prior to this time. Any orders that remain open at the time of delisting will be automatically canceled by the system. Please note that the processing of automatic cancellations may take 1–3 business days.
Following the delisting, the assets will be moved to a non-trading status. Users can view their balances for these tokens by navigating to: Account > Assets > My Assets > Funding Account > Non-tradable Assets.
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Token Withdrawal Deadline
While trading and deposits have been halted, users will still have a window of time to withdraw their tokens. Withdrawal services for KOL, GM, SRM, UMEE, VALUE, MITH, JFI, and SOS will be discontinued starting at 08:00 UTC on December 16, 2023.
It is imperative that users withdraw any remaining balances of these tokens before this final deadline. After this date, it will no longer be possible to withdraw them from the OKX platform.
OKX's Commitment to Market Quality
OKX remains dedicated to providing a secure, compliant, and efficient trading experience. The regular review and delisting of underperforming assets is a core part of this commitment. This process helps protect users from low-liquidity assets and ensures the overall health of the trading ecosystem on the platform.
The platform will continue to monitor all listed pairs and may delist or hide other tokens in the future based on performance metrics and compliance reviews. For any questions regarding this specific delisting event, users can contact the OKX Support Center for assistance.
Frequently Asked Questions (FAQ)
What does it mean when a trading pair is delisted?
Delisting means the specific trading pair (e.g., KOL/USDT) is permanently removed from the exchange. You can no longer buy or sell that token on OKX against any other currency once the delisting is complete.
What should I do immediately if I hold one of these tokens?
Before the delisting time on October 16, you should cancel any open orders. Before the withdrawal deadline on December 16, you must decide to either sell the token (if possible before delisting) or withdraw it to another wallet or platform that supports it. After December 16, withdrawals will be closed.
Where can I find my delisted tokens after trading stops?
After the delisting process is complete, your balance of these tokens will be moved to your funding account under "Non-tradable Assets." You can access them there until the withdrawal deadline passes.
Why does OKX delist tokens?
OKX delists tokens to maintain a high-quality market. Common reasons include poor liquidity, lack of project development, failure to meet new compliance standards, or weak trading volume, which collectively can pose higher risks to users.
Can I still deposit a delisted token?
No. Deposit services for these tokens were suspended on October 5, 2023. Any attempt to deposit them after that date will not be credited to your account.
What happens if I don't withdraw my tokens by the deadline?
If you hold a balance of these specific tokens after the withdrawal deadline of December 16, 2023, you will likely lose access to them permanently, as there will be no way to move or trade them on the OKX platform.
Risk Warning: The information provided in this article is for informational and educational purposes only. It is not intended to be and does not constitute financial, investment, or trading advice. You should conduct your own research and assess your risk tolerance before engaging in any transaction. Digital assets are inherently volatile and speculative, and you could lose your entire investment. OKX does not guarantee the accuracy of any information provided by third parties and assumes no liability for any losses that may occur.