Crypto Exchange OKX Delists Major Privacy Tokens From the Platform
OKX, the second-largest offshore exchange, has made a significant announcement regarding the delisting and suspension of several privacy tokens. Effective December 27, the exchange will delist the following tokens: FSN, ZKS, CAPO, CVP, XMR, DASH, ZEC, and ZEN, along with the corresponding trading pairs.
Delisting and Suspension of Privacy Tokens
As part of the measures, OKX has already suspended the deposits of the mentioned tokens starting from 8:00 am UTC on December 27, 2023. Users are urged to manage their assets promptly. Once the delisting process is completed, users can locate their assets under Assets > Funding > Untradable assets.
Furthermore, the exchange plans to suspend the withdrawal of the specified tokens starting from 8:00 am UTC on March 5, 2024. OKX has advised users to take timely action to manage their assets in light of these changes.
OKX disclosed its commitment to ensuring a resilient spot trading environment through continuous monitoring and periodic reviews of listed trading pairs. In alignment with user feedback and the OKX Token Delisting/Hiding Guideline, the exchange has decided to delist a number of trading pairs that fall short of its stringent listing criteria.
This proactive approach reflects OKX’s dedication to maintaining high standards and providing users with a trading environment that meets established criteria for quality and performance. The exchange said it remains focused on optimizing its offerings and fostering a secure and efficient spot trading experience for its users.
OKX Pushing Into Web 3.0
OKX secured the prestigious ‘Best Technical Innovation Award’ at the Hong Kong Web 3.0 Annual Ceremony. Hosted by Web3 media company Meta Era, the ceremony, which took place at Cyberport, Hong Kong, on December 21, aimed to acknowledge and celebrate the significant contributions of individuals and companies propelling the mass adoption of Web3 technologies.
Meta Era presented a total of 15 exclusive awards this year, with winners determined by a panel of Web3 industry experts and a global public vote. Frank Zhang, OKX HK Executive Director, accepted the ‘Best Technical Innovation Award’ on behalf of OKX during the ceremony. Furthermore, this accolade underscores OKX’s unwavering commitment to pushing the boundaries of technological advancements within the Web3 space.
OKX has consistently showcased its dedication to innovation through the introduction of cutting-edge products and features. Notable examples include the Smart Account, powered by account abstraction technology, allowing users to pay for gas with stablecoins. Additionally, OKX has pioneered the Ordinals Market, a Web3 platform designed for trading and inscribing BRC-20 and BTC NFTs. The award also reaffirms OKX’s position as a leading force driving technological progress in the Web3 ecosystem..
- Michael Saylor Says “No New Orange Dots” Pausing Bitcoin Buys as Holdings Hit Record $79B
- Experts Turn Bullish on Pudgy Penguins as PENGU Leads Meme Coin Buys on Solana
- ASTER to Launch Phase 2 Airdrop on October 10 as Open Interest Tops $5B in Two Weeks
- El Salvador’s Bitcoin Holdings Hit $475M Profit as BTC Becomes World’s 7th Largest Asset
- Breaking: Bitcoin Hits New ATH Above $125k as ‘Uptober’ Kicks Off in Full Force
- Dogecoin Price Rebounds 15% From Buy Zone as Whales Add 30M DOGE – Can Bulls Push Beyond $0.30?
- FLOKI Price Prediction as ETP Listing Drives Adoption—Is a 160% Rally Ahead?
- BNB Coin Price Hits ATH as Derivatives Activity Soars—Is $1,520 the Next Stop?
- Aster Price Eyes $3 After Channel Breakout as Open Interest Surges to $1.37B
- Will XRP Price Hit $5 if the SEC Approves ETFs This Month?
- Bitcoin Price Hits $120K Ahead of Q4 — Can Citigroup’s Forecast Hold Up?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
