Dear OKX Users,
To mitigate market risks and enhance your trading experience, OKX periodically reviews and delists leveraged trading pairs with low liquidity. Below is the scheduled delisting plan:
1. Leveraged Trading & Flexible Loans
| Trading Pair | Borrowing Suspension Time | Delisting Time |
|---|---|---|
| AKITA-USDT | May 19, 2023, 2:00 PM (UTC+8) | May 29, 2023, 3:00 PM (UTC+8) |
| CVC-BTC | May 29, 2023, 5:00 PM (UTC+8) | - |
| OMG-BTC | May 30, 2023, 2:00 PM (UTC+8) | - |
| EGLD-BTC | May 30, 2023, 4:00 PM (UTC+8) | - |
| CEL-USDC | May 30, 2023, 6:00 PM (UTC+8) | - |
OKX will suspend leveraged trading and flexible loan services for these pairs at the specified times, canceling all open orders. Delisting typically takes about 1 hour per pair.
Risk Warning: Due to market volatility, we recommend closing positions manually before trading stops to prevent potential losses during forced liquidation.
2. Discount Rate Adjustments
| Currency | Previous Tier (USD) | Previous Rate | New Tier (USD) | New Rate |
|---|---|---|---|---|
| AKITA | 0–50,000 | 0.5 | 0 | 0 |
| >50,000 | 0 | - | - |
Understanding Discount Rates
Under cross-currency margin and portfolio margin modes, assets in different currencies within a full-position account are collectively converted into USD-equivalent margin. Given varying market liquidity across currencies, OKX applies discounts to balance risk.
👉 Learn more about how discount rates work
We remain committed to delivering superior products and services.
— OKX Team
May 17, 2023
FAQ
Q: Why is OKX delisting these trading pairs?
A: To maintain market stability and user experience by removing low-liquidity pairs.
Q: What happens if I don’t repay my loan before delisting?
A: The system will automatically liquidate your position, potentially at unfavorable rates.
Q: Can I still trade these pairs after delisting?
A: No, all leveraged trading and flexible loan services will be suspended permanently.
Q: How are discount rates determined?
A: Rates reflect market liquidity and risk factors, adjusted periodically by OKX.
Q: Where can I find updates on future delistings?
A: Monitor official OKX announcements for the latest information.
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