Cryptocurrency alternate OKX has introduced the delisting of a number of perpetual futures and margin buying and selling pairs in an effort to extend market liquidity and enhance the buying and selling expertise for customers.
OKX to Delisting DMAIL, VENOM and REN Margin Buying and selling Pairs and Perpetual Futures
The affected {couples} and their delisting schedules are as follows:
DMAIL/USDT: August 29, 2024, 11:00
VENOM/USDT: August 29, 2024, 11:00
REN/USDT: August 29, 2024, 11:00
Following delisting, OKX will terminate all associated transactions and all energetic orders within the order e book will probably be cancelled.
OKX will ship perpetual futures contracts on the arithmetic common value of the related OKX index between 10:00 and 11:00 a.m. on the day of delisting to shut excellent positions.
In case of any irregular index value motion throughout this era, OKX reserves the appropriate to regulate the ultimate supply value accordingly.
As well as, on the time of delisting (11:00), the funding fee will probably be set to 0, which means no funding charges will probably be charged throughout this era.
To cut back dangers from doable market volatility previous to delisting, customers are suggested to cut back leverage or shut positions upfront.
Moreover, for customers with positions exceeding $10,000 on the time of supply, asset transfers from the buying and selling account will probably be briefly restricted for the primary half-hour after delisting. Transfers will then proceed usually.
The transaction historical past and billing data for these pairs will stay accessible after delisting, and customers can obtain these data through the report middle on the OKX platform.
*This isn’t funding recommendation.