OKX Announces Delisting of WAVES Trading Pairs to Enhance Trading Environment

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• OKX is set to delist WAVES/USDC and WAVES/USDT spot trading pairs to maintain a robust trading ecosystem.
• The delisting is scheduled for February 8, 2024, with deposits suspended since February 1, 2024.
• “We continuously review listing qualifications to ensure the best trading experience for our users,” states OKX.

OKX takes a proactive step in refining its trading environment by delisting underperforming WAVES trading pairs, signaling its commitment to quality and user satisfaction.

Delisting Details and Implications for Traders

In an effort to preserve the integrity of its trading platform, OKX has decided to remove WAVES/USDC and WAVES/USDT from its list of spot trading pairs. The decision comes after careful consideration of user feedback and a thorough review process aimed at ensuring the exchange’s listings meet high standards of performance and reliability. Traders involved with these pairs are advised to cancel any pending orders by 8:00 am UTC on February 8, 2024, to avoid automatic cancellation and possible delays in order processing, which could take 1-3 working days.

Asset Management Post-Delisting

Following the suspension of WAVES deposits from 8:00 am UTC on February 1, 2024, OKX urges its users to manage their assets accordingly. The platform has outlined a clear timeline for the suspension of WAVES withdrawals, commencing on April 8, 2024, providing ample time for investors to adjust their portfolios. Post-delisting, affected assets will be accessible under the ‘Untradable assets’ section, ensuring transparency and ease of asset management for all OKX users.

Continued Commitment to Quality and Security

OKX reaffirms its dedication to monitoring and evaluating the performance of all listed trading pairs, employing a rigorous delisting or hiding mechanism to uphold the exchange’s quality standards. This proactive approach underscores OKX’s commitment to providing a secure and efficient trading environment for its global user base. Investors and traders are encouraged to stay informed through the OKX Support Center or direct communication channels for any inquiries or further updates related to trading activities on the platform.

Conclusion

The delisting of WAVES trading pairs by OKX reflects the exchange’s proactive stance on maintaining a high-quality trading environment. By prioritizing user feedback and stringent listing criteria, OKX aims to ensure a reliable and satisfactory trading experience for its users. This move also highlights the importance of continual evaluation and adaptation in the dynamic digital asset market. Traders and investors are advised to manage their assets accordingly and stay engaged with OKX for the latest updates and support.