OKX Postpones Delisting of STARL and ANT Margin Buying and selling Pair
OKX, a number one cryptocurrency change, has introduced the postponement of the delisting of the STARL and ANT margin buying and selling pair and perpetual futures. The announcement was made on Could 23, 2024, and the main points are as follows, in keeping with an official OKX announcement.
Particulars of the Postponement
The STARL/USDT and ANT/USDT pairs had been initially scheduled for delisting at 7:00 am UTC on Could 27, 2024, and 9:00 am UTC on Could 27, 2024, respectively. Nonetheless, these delistings have now been postponed. The brand new delisting instances might be introduced at a later date.
OKX will droop margin buying and selling and versatile mortgage on the delisting instances listed above, and all open orders for margin might be canceled. Every crypto pair will take round 1 hour to droop. Customers with borrowings or collateral of the above crypto pair in margin buying and selling and versatile mortgage ought to make sure that to repay earlier than the delisting instances.
OKX warns of the potential for excessive worth fluctuations throughout this era. To keep away from losses attributable to pressured reimbursement, the change recommends that customers cease buying and selling the pairs listed above and shut all underlying positions prematurely.
Changes to Low cost Charges
Along with the postponement of the delisting, OKX has additionally introduced changes to the low cost charges for the STARL and ANT cryptocurrencies. The low cost fee for each STARL and ANT might be lowered from 0.5 for tier USD 0-50,000 and 0 for tier USD >50,000 to 0 for all tiers.
These modifications replicate the dynamic nature of the cryptocurrency market and the necessity for exchanges to adapt their choices and insurance policies to swimsuit the present market circumstances. OKX’s choice to postpone the delisting of those two crypto pairs will doubtless be welcomed by merchants and traders who’ve been coping with these belongings.
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