While Binance, the world's largest cryptocurrency exchange, continues its altcoin announcements without slowing down, a delist announcement came from OKX, another cryptocurrency exchange.
At this point, OKX announced that it would delist several trading pairs that did not meet the listing criteria.
In its announcement, OKX said that it would delist “WAVES/USDC and WAVES/USDT” trading pairs for the altcoin named Waves (WAVES).
“As OKX, we continuously monitor the performance of all listed trading pairs and regularly evaluate their listing qualities in order to maintain a reliable buying-selling environment on our Spot platform.
Based on feedback from our users and in accordance with OKX's Token Listing Termination and Deprecation Rules, we will discontinue the listings of some project tokens that do not meet our listing criteria.
The trading pairs that will be affected are: WAVES/USDC and WAVES/USDT.
For Waves, the trading pairs in question will be delisted between 11.00 and 11.30 (UTC) on February 8, 2024. We strongly recommend that you cancel your orders for these trading pairs before the listings in question are terminated.
WAVES withdrawal operations will be stopped as of 11:00 (UTC) on April 8, 2024.”
Following the OKX announcement, WAVES price started to decline.
*This is not investment advice.