The digital asset landscape is constantly evolving, requiring exchanges to maintain high standards for security, liquidity, and user protection. As part of our ongoing commitment to a healthy and sustainable trading environment, OKX has made the decision to delist several spot trading pairs following a comprehensive evaluation by our risk management team.
This strategic move reflects our dedication to upholding platform integrity, ensuring strong market liquidity, and delivering an optimal user experience. After thorough market monitoring, progress tracking, and analysis of user feedback, we have identified specific tokens that no longer meet our listing criteria or pose potential risks to traders.
The affected spot pairs are:
- SKEB/USDT
- MOVEZ/USDT
- PIT/USDT
- EM/USDT
- LET/USDT
- MRST/USDT
These changes are being implemented to protect users and reinforce responsible trading practices across the ecosystem.
👉 Stay ahead of market changes with real-time updates and secure trading tools.
Delisting Timeline and Key Deadlines
To ensure a smooth transition and minimize disruption for users holding these assets, OKX has established a clear timeline for each phase of the delisting process.
Trading Suspension and Order Cancellation
Trading for the above-listed pairs will be officially suspended on May 27, 2024, between 4:00 PM and 4:30 PM (UTC+8). All open orders related to these trading pairs must be canceled by 4:00 PM (UTC+8) on May 27, 2024.
If users fail to manually cancel their orders before this deadline, the system will automatically execute the cancellation. Please note that order cancellations may take 1 to 3 business days to fully process. We strongly advise users to manage their positions proactively to avoid unintended outcomes.
Deposit Suspension – Already in Effect
Deposits for the following tokens — SKEB, MOVEZ, PIT, EM, LET, and MRST — were already disabled on May 20, 2024, at 4:00 PM (UTC+8). No further deposits will be accepted for these assets. Users who still hold these tokens in external wallets should not attempt to deposit them into OKX, as such transactions may result in permanent loss of funds.
After delisting, affected assets can still be viewed under Assets > Funding Account > Non-tradable Assets, allowing users to monitor their holdings during the withdrawal window.
Final Withdrawal Deadline Approaching
Users must withdraw their SKEB, MOVEZ, PIT, EM, LET, and MRST tokens before July 27, 2024, at 4:00 PM (UTC+8). After this date, all withdrawal functionality for these tokens will be permanently disabled.
Failure to act before the cutoff may result in irreversible loss of access to your digital assets. We recommend taking immediate action to transfer your holdings to a compatible self-custody wallet or another supported exchange.
Why Does OKX Delist Tokens?
Delisting is not a decision taken lightly. It is part of our broader risk mitigation strategy designed to protect investors and maintain market efficiency. Several factors contribute to this process:
- Low trading volume and liquidity: Assets with minimal activity can lead to price manipulation and slippage.
- Project inactivity or lack of development progress: Projects that fail to deliver updates or show signs of abandonment pose significant risks.
- Security vulnerabilities or smart contract issues: Any indication of technical flaws increases exposure to exploits.
- Regulatory or compliance concerns: Ensuring alignment with global standards is essential for long-term sustainability.
- User complaints and community sentiment: Feedback from our user base plays a critical role in shaping platform policies.
By removing underperforming or high-risk assets, OKX ensures that only robust, transparent, and actively developed projects remain available for trading.
👉 Discover how OKX evaluates digital assets for long-term listing potential.
Protecting Your Digital Assets: Best Practices
As the crypto space matures, so must investor awareness. OKX encourages all users to adopt responsible habits when managing digital portfolios:
- Regularly review your asset holdings and stay informed about project developments.
- Diversify investments across multiple asset classes to reduce exposure.
- Use secure storage solutions like hardware wallets for long-term holdings.
- Enable two-factor authentication (2FA) and monitor account activity frequently.
- Never share private keys or recovery phrases with anyone.
Digital assets offer transformative opportunities but come with inherent volatility and risk. Only invest what you can afford to lose, and always conduct independent research before participating in any market.
Frequently Asked Questions (FAQ)
Q: Can I still view my SKEB, MOVEZ, PIT, EM, LET, or MRST balance after delisting?
A: Yes. After the trading pairs are removed, affected assets will appear under Assets > Funding Account > Non-tradable Assets, where you can track them until the withdrawal deadline.
Q: What happens if I don’t withdraw my tokens before July 27, 2024?
A: After 4:00 PM (UTC+8) on July 27, 2024, withdrawals for these tokens will no longer be supported. Any remaining balances will become inaccessible, resulting in permanent loss of funds.
Q: Will these tokens ever be relisted on OKX?
A: Relisting is possible only if a project demonstrates substantial improvement in liquidity, transparency, development activity, and compliance. However, there is no guarantee of future relisting.
Q: Can I trade these tokens for other cryptocurrencies before delisting?
A: Yes, you may trade your holdings for other supported assets before 4:00 PM (UTC+8) on May 27, 2024. Once trading is suspended, conversion options will no longer be available on OKX.
Q: Are there any fees associated with withdrawing these tokens?
A: Standard network fees apply when withdrawing any digital asset. Please check the withdrawal page for current fee rates and minimum thresholds.
Q: Where can I find official updates about delistings?
A: All official announcements are published on the OKX website and app notification center. We recommend enabling alerts to stay informed about important changes.
👉 Access real-time market alerts and portfolio tracking tools today.
Commitment to User-Centric Innovation
At OKX, safeguarding user interests remains our top priority. Our dynamic evaluation framework ensures that only high-quality digital assets remain accessible on the platform. This proactive approach helps prevent fraud, enhances market stability, and supports sustainable growth within the blockchain industry.
We appreciate your understanding and cooperation as we continue refining our offerings to meet the highest global standards. By fostering transparency, security, and innovation, OKX empowers traders at every level to navigate the crypto economy with confidence.
Stay vigilant, stay informed, and trade responsibly.