OKX, the world’s second-largest cryptocurrency exchange, has announced plans to delist several trading pairs, including Cardano (ADA), Shiba Inu (SHIB), and XRP, citing their failure to meet performance expectations.
Affected Trading Pairs and Schedule
The exchange will remove the following spot trading pairs:
- ADA-ETH: Delisted July 25 (8:00–8:30 a.m. UTC)
- XRP-ETH and SHIB-BTC: Delisted July 26 (8:00–8:30 a.m. UTC)
- ADA-BTC: Delisted August 1 (8:00–8:30 a.m. UTC)
- XRP-BTC: Delisted August 2 (8:00–8:30 a.m. UTC)
Other tokens impacted include Litecoin (LTC), Polygon (MATIC), Chainlink (LINK), Dogecoin (DOGE), and Polkadot (DOT).
👉 Stay updated on OKX’s latest policy changes
Reasons for Delisting
OKX stated the decision resulted from a routine review to maintain a "robust spot trading environment." While specific criteria were not disclosed, the exchange emphasized that these pairs no longer met its listing standards.
User Actions Required
- Cancel open orders before delisting dates.
- Uncanceled orders will be auto-canceled within 1–3 business days.
Context: OKX’s Recent Regulatory Adjustments
This follows OKX’s announcement to exit Nigeria by August 30, suspending Naira withdrawals in May amid Nigeria’s crackdown on exchanges like Binance. Nigerian authorities previously charged Binance with money laundering, though tax evasion allegations were later dismissed.
FAQ Section
1. Why is OKX delisting ADA, SHIB, and XRP pairs?
OKX periodically reviews trading pairs to ensure quality. These tokens no longer met performance or compliance benchmarks.
2. Can I still trade these tokens on OKX after delisting?
Only the specified pairs are affected. Other pairs (e.g., ADA/USDT) may remain available unless announced otherwise.
3. What happens to my funds in delisted pairs?
Funds are safe. Transfer holdings to supported pairs or wallets before delisting.
4. Will OKX delist more tokens soon?
Monitor 👉 OKX’s official announcements for updates.
5. How does this compare to Binance’s issues in Nigeria?