OKX announced that it will delist the MSN/USDT futures and margin trading pair to increase market liquidity and improve the overall user experience.
OKX Announces Delisting of MSNV Futures and Margin Trading Pair
The delisting process is planned to take place on August 6, 2024, between 11:00 and 12:00 Turkish time.
Key Details:
Delisting of Continuous Futures:
Pair: MSN/USDT
Delisting Time: 6 August 2024, 11:00 ~ 12:00
Following delisting, OKX will cease trading of MSN/USDT perpetual futures and remove all related orders from the order book.
All positions in the affected futures will be closed at the arithmetic average price of the relevant OKX index during one hour before delisting.
In case of abnormal price fluctuations during this hour, OKX reserves the right to adjust the final delivery price to a reasonable level.
Important Points:
Funding Rate: The funding rate at 11:00 on the delisting day will be set to 0, meaning no funding fees will be recorded for this period.
Risk Management: OKX advises users to manage their risk levels by reducing leverage or closing positions before delisting to reduce possible market fluctuations.
Asset Transfer Restrictions: For users with positions exceeding $10,000 in value at the time of delivery, the transfer of assets from trading accounts will be restricted for the first 30 minutes after delisting. Normal asset transfer functionality will continue after this period.
Data Access: Users will still be able to access their order history and billing records after being removed from the list. Those who need to back up their data can do so through the report center on the OKX website.
*This is not investment advice.