OKX to Delist Spot Trading Pairs for CEL, OMG, SPELL, APM, LHINU, POLS, and DCR

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The cryptocurrency landscape is dynamic, with constant shifts in market performance, user demand, and asset viability. At OKX, maintaining a high-quality trading environment is a top priority. To ensure optimal performance and user experience, the platform regularly evaluates all listed assets on its spot trading markets. Based on user feedback and internal performance metrics, OKX has announced the delisting of several spot trading pairs that no longer meet its listing standards.

This article outlines the details of the upcoming delistings, including affected trading pairs, key timeline milestones, deposit and withdrawal changes, and what users should do to manage their assets effectively.

Affected Trading Pairs

The following spot trading pairs will be removed from the OKX platform:

These pairs have been identified for delisting due to consistently low trading volume, limited market liquidity, or failure to meet OKX’s ongoing listing criteria. The decision reflects OKX’s commitment to streamlining its offerings and focusing on high-performing, in-demand digital assets.

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Delisting Timeline

The official delisting process will take place between 08:00 and 08:30 UTC on July 23, 2024. During this window:

After delisting, these pairs will no longer be available for trading on the OKX spot market. Any remaining balances will be moved to a non-tradable assets section (more details below).

Deposit Suspension for Affected Tokens

To prepare for the delisting, OKX has already suspended deposits for the following tokens:

This suspension took effect at 08:00 UTC on July 16, 2024. Users are encouraged to factor this change into their asset management strategy. Depositing any of these tokens after the cutoff will not be supported, and such transactions may result in permanent loss of funds.

Withdrawal Suspension Schedule

While deposits are already paused, withdrawals for these tokens will remain available for a limited time. However, users should note the following:

Withdrawals for CEL, OMG, SPELL, APM, LHINU, POLS, and DCR will be suspended at 08:00 UTC on October 23, 2024.

This provides a three-month window for users to withdraw their holdings if they wish to transfer them to another platform or self-custody wallet. After this date, withdrawal functionality will be disabled permanently.

Important: If you hold any of these tokens on OKX, ensure you withdraw them before the deadline. Failure to do so may result in loss of access.

Managing Your Assets Post-Delist

After the delisting is complete:

OKX recommends that users review their portfolios and take necessary actions—such as selling, transferring, or withdrawing—before the deadlines to avoid disruptions.

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Why Does Delisting Happen?

Delisting is a standard practice across major crypto exchanges and serves several key purposes:

  1. Maintaining Market Quality: Low-volume or illiquid pairs can lead to price manipulation and poor user experience.
  2. Compliance & Risk Management: Some tokens may fail to meet evolving regulatory or security standards.
  3. User-Centric Optimization: Removing underperforming assets allows exchanges to focus on high-demand, innovative projects.

OKX continuously monitors all listed tokens using a combination of quantitative data (e.g., trading volume, liquidity depth) and qualitative input (e.g., project development progress, community engagement). Tokens that fall below the threshold are subject to delisting or being hidden from public view.

Frequently Asked Questions (FAQ)

Q: Why are these specific trading pairs being delisted?

A: The delisting decision is based on sustained low trading activity, limited liquidity, and failure to meet OKX’s listing health metrics. This ensures only high-quality assets remain tradable.

Q: Can I still trade these pairs after July 23?

A: No. Trading for the affected pairs will cease permanently after the delisting window on July 23, 2024. Open orders will be canceled automatically.

Q: What happens if I don’t withdraw my tokens by October 23?

A: After October 23, 2024, withdrawal functionality for these tokens will be disabled. You will no longer be able to move them off the OKX platform.

Q: Will I lose my funds if I don’t take action?

A: You won’t lose access immediately, but your tokens will remain in a non-tradable state. Without withdrawal before the deadline, you may permanently lose access.

Q: Can deposits be resumed after suspension?

A: No. Once deposits are suspended—as they were on July 16—they cannot be reinstated for these tokens.

Q: How can I contact OKX support about this?

A: For assistance, reach out through the official OKX support portal or verified social media channels. Always verify the authenticity of support links to avoid scams.

Looking Ahead: A Cleaner, More Efficient Marketplace

OKX remains committed to fostering a secure, transparent, and efficient trading ecosystem. Regular evaluations and occasional delistings are part of maintaining platform integrity and user trust. By removing underperforming assets, OKX can allocate resources toward supporting innovative projects with strong fundamentals and growing communities.

Users are encouraged to stay informed about platform updates and manage their digital assets proactively. The crypto market moves fast—being prepared is key to long-term success.

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Note: This article is for informational purposes only and does not constitute financial advice. Digital assets are highly volatile and speculative. Conduct your own research before making any investment decisions.