Cryptocurrencies are feeling the full effects of Uptober, and OKX exchange has made an important decision that affects more than 10 altcoins. The main aim behind the delisting of these trading pairs seems to be eliminating the market maker cost brought on by low trading volume.
OKX exchange has just announced that 17 trading pairs will be delisted before the end of the month. This means that trading will no longer be available for these respective pairs. The delisting of pairs is something we have also seen on Binance and Coinbase exchanges as a result of low trading volume. The pairs to be delisted are as follows:
The announcement made by OKX exchange stated the following:
“To maintain a strong spot trading environment, we continuously monitor the performance of all listed trading pairs and regularly review their listing qualifications. Based on user feedback and the OKX Token Delisting/Hiding Guide, we will delist a few trading pairs that do not meet our listing criteria. Withdrawals for FODL, CHE, INT, PNK, and MXT will continue until December 30th”.
Apart from the 5 altcoins, investments can still be made in other trading pairs.