OKX Announces Delisting of Selected Spot Trading Pairs

·

Digital asset exchanges play a crucial role in shaping a secure, transparent, and efficient crypto ecosystem. As part of its ongoing commitment to maintaining high listing standards and ensuring optimal liquidity for users, OKX regularly reviews its available trading pairs. Based on comprehensive market monitoring, user feedback, and strict risk assessment protocols, OKX has announced the upcoming delisting of certain spot trading pairs to enhance platform integrity and user experience.

This decision aligns with OKX’s well-established Rules for Token Delisting and Hidden Listings, which prioritize transparency, security, and long-term sustainability in digital asset trading.

Affected Trading Pairs

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

These pairs have been identified for removal due to factors including low trading volume, insufficient market liquidity, and potential compliance or operational risks. OKX’s risk management team conducted an in-depth analysis of each project's development progress, community engagement, and overall market performance before making this determination.

Users currently holding open orders or positions in these pairs are advised to take necessary actions before the specified deadlines to avoid unintended consequences.

👉 Stay ahead of market changes with real-time updates and advanced trading tools.

Key Timeline and User Actions

To ensure a smooth transition and protect user assets, OKX has outlined a clear timeline for the delisting process:

1. Suspension of Deposits

Deposits for CGL and LING were already disabled as of June 7, 2024, at 4:00 PM (UTC+8). No further deposits will be accepted for these tokens. If you hold these assets externally, please ensure they are not sent to OKX after this time to prevent permanent loss.

2. Trading Suspension and Order Cancellation

Trading for both CGL/USDT and LING/USDT will be terminated on June 14, 2024, between 4:00 PM and 5:00 PM (UTC+8). All open orders must be manually canceled by users before 4:00 PM (UTC+8) on that day. Any remaining orders will be automatically canceled by the system during the delisting window.

Please note that order cancellation processing may take 1 to 3 business days, so early action is strongly recommended.

3. Withdrawal Deadline

Users can withdraw their CGL and LING holdings until August 14, 2024, at 4:00 PM (UTC+8). After this date, withdrawal support will be permanently discontinued. It is essential to transfer your assets to a compatible wallet or another supported exchange before the deadline.

Failure to act in time may result in irreversible loss of access to these tokens.

After delisting, affected assets can still be viewed under:
Assets > Funding Account > Non-tradable Assets

This feature allows users to monitor their holdings even when trading is no longer available.

Why Does OKX Delist Tokens?

Token delisting is a standard practice among leading cryptocurrency exchanges. It helps maintain a healthy trading environment by removing underperforming or high-risk assets. OKX evaluates all listed tokens based on several key criteria:

When a token fails to meet these benchmarks over time, it may trigger automatic review and potential delisting under OKX’s transparent ruleset.

Delisting does not necessarily imply malicious intent by the project team but often reflects market dynamics and evolving investor interest.

Protecting Your Digital Assets: Best Practices

As the crypto market continues to mature, user responsibility plays a vital role in safeguarding investments. Here are some proactive steps every trader should consider:

👉 Secure your crypto journey with industry-leading security and real-time alerts.

Frequently Asked Questions (FAQ)

Q1: What happens to my CGL or LING if I don’t withdraw before August 14, 2024?

If you fail to withdraw your CGL or LING tokens before August 14, 2024, at 4:00 PM (UTC+8), you will lose the ability to withdraw them from OKX. While the assets may still appear in your "Non-tradable Assets" section, there will be no future support for withdrawals. You are strongly encouraged to transfer your holdings to a personal wallet or another exchange that supports these tokens.

Q2: Can I still view my balance after the trading pair is removed?

Yes. After delisting, your CGL and LING balances will remain visible in your account under Assets > Funding Account > Non-tradable Assets. However, this is for informational purposes only — no trading or withdrawal functions will be available after their respective deadlines.

Q3: Will OKX relist these tokens in the future?

Relisting decisions depend on multiple factors, including improved project fundamentals, increased liquidity, and community demand. While possible, relisting is not guaranteed and would require a formal reapplication process meeting current listing standards.

Q4: How will I be notified about future delistings?

OKX sends notifications via email, in-app alerts, and official announcements on its website and social channels. Users are advised to keep their contact information updated and subscribe to OKX announcements to stay informed.

Q5: Are there fees associated with withdrawing CGL or LING?

Standard network withdrawal fees apply when transferring any digital asset. These fees vary depending on blockchain congestion and token type. The exact amount will be displayed during the withdrawal confirmation process.

Q6: Is this delisting related to fraud or security issues?

Not necessarily. Most delistings are driven by low activity, poor liquidity, or lack of ongoing development rather than fraud. OKX conducts routine evaluations to ensure only high-quality assets remain tradable, enhancing overall platform stability.

Commitment to a Safer Crypto Ecosystem

OKX remains dedicated to fostering a responsible and sustainable digital asset marketplace. By proactively managing its listing portfolio, the platform ensures better price discovery, reduced slippage, and enhanced protection for all users.

While changes like delistings may require short-term adjustments, they ultimately contribute to a more resilient and trustworthy trading environment.

👉 Access a curated selection of top-tier digital assets with advanced trading features.

Final Reminder

Mark your calendars:

Take action now to manage your CGL and LING holdings responsibly. Stay informed, stay secure, and continue building your crypto future with confidence on one of the world’s most trusted digital asset platforms.

Note: This article contains only essential information derived from official sources, reformatted for clarity, SEO optimization, and user engagement. All promotional links and redundant content have been removed per guidelines.