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OKX will delist BTC/USDK, ETH/USDK, USDT/USDK, and support USDK to USDT token migration

Gepubliceerd op 14 mrt 20232 min. leestijd
In order to maintain a robust spot trading environment, we constantly monitor the performance of all listed projects and review their listing qualifications on a regular basis. Therefore, based on the OKX Token Delisting / Hiding Guidelines, we will be delisting BTC/USDK, ETH/USDK, USDT/USDK, and suspending USDK C2C trading services.
Execution time:
  1. We will delist BTC/USDK, ETH/USDK, USDT/USDK at 8:00 am UTC on March 16, 2023. Users are advised to cancel orders pertaining to these pairs before the delisting. If your order is not cancelled on time before 8:00 am UTC on March 16, 2023, it will automatically be cancelled by the system. This procedure may take 1 working day, after which your assets will be credited to your trading account.
  2. We will suspend USDK deposit services and C2C trading at 8:00 am UTC on March 17, 2023.
  3. The system will snapshot the total holdings of all users in order to process the migration at 10:00 am UTC on March 17, 2023. The snapshot will include Funding, Finance, and Trading accounts.
  4. We will adjusting the discount rates for USDK to 0 at 11:00 am UTC on March 17, 2023.
Follow-up steps:
  1. We will handle the token migration for all users holding more than 0.1 USDK at snapshot and support token migration to USDT at a 1:1 ratio.
  2. After token migration is completed, you can view your asset balance via Assets > My Assets > Funding Account menu.
We will continue to monitor all listed projects and implement the delisting/hiding mechanism as necessary. For any inquiries regarding this delisting, please feel free to contact us in the official OKX Telegram group or via the Support Center.
Risk warning: Trading digital assets involves significant risks and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives, and seek independent financial advice if necessary.
OKX
March 14, 2023 (UTC)