OKX, a major cryptocurrency exchange, has announced its intention to delist trading pairs involving Cardano (ADA), Shiba Inu (SHIB), and XRP. A performance assessment conducted by the exchange revealed that these pairs did not meet the desired standards.
Delisting of Trading Pairs by OKX
The delisting decision was documented in a blog post by OKX, which outlined the removal of spot trading pairs such as ADA-ETH, XRP-ETH, SHIB-BTC, ADA-BTC, and XRP-BTC. Additionally, trading pairs involving Litecoin (LTC), Polygon (MATIC), Chainlink (LINK), Dogecoin (DOGE), and Polkadot (DOT) were also set for delisting by OKX.
OKX mentioned that the delisting was part of its routine monitoring and evaluation of all listed trading pairs to ensure a strong trading environment. Although the exchange did not specify the exact reasons for the delisting, it stated that these pairs did not meet the required listing criteria.
The delisting dates and times were also provided by OKX. The ADA-ETH pair will be removed on July 25 between 8 and 8:30 a.m. UTC. XRP-ETH and SHIB-BTC pairs are scheduled for delisting on July 26 during the same time frame.
Furthermore, the ADA-BTC and XRP-BTC spot trading pairs will be delisted on August 1 and 2, respectively, between 8 and 8:30 a.m. UTC. OKX advised users to cancel any related orders before the delisting date to avoid automatic cancellation, which may take 1 to 3 working days to process.
Introduction of Telegram-Based Game by OKX
OKX has been actively expanding its presence in the cryptocurrency market and recently launched a Telegram mini-app game called ‘OKX Racer.’ This initiative marks OKX as the first major exchange to introduce such a gaming platform. The game revolves around predicting Bitcoin’s price movements within brief five-second intervals.
Jason Lau, the Chief Innovation Officer at OKX, emphasized the rising popularity of Telegram’s mini-app platform as an essential channel for engaging with the crypto community. Lau expressed the exchange’s commitment to promoting community building, fostering participation, and adding an element of enjoyment to the platform.
Telegram mini-apps have gained traction due to the possibility of future token airdrops to users, akin to Notcoin’s airdrop campaign. However, Lau did not disclose whether OKX intends to incorporate a similar incentive model into its gaming platform.