CandleFocus Cryptocurrency Exchange OKX Announced That It Has Delisted This Altcoin From Margin Trading!
2024-09-12
Author: Content Editor
Crypto exchange OKX has announced that it will be delisting several margin trading pairs, including KISHU/USDT, to improve market liquidity and enhance user trading experience. The delisting will occur on September 19, 2024, and during that time, margin trading and flexible lending services for the affected pairs will be suspended. Open margin orders will be canceled, and the suspension for each pair will last approximately one hour. Users with ongoing debts or collateral in KISHU/USDT margin trading are advised to repay their loans prior to the delisting to avoid mandatory repayment. OKX also reminds users to stop trading the affected pairs and close all positions ahead of time to reduce risks from price fluctuations. The platform will also adjust discount rates for delisted assets, and users using these assets as collateral must maintain a healthy Loan-to-Value (LTV) ratio to avoid having their positions forcibly liquidated to cover outstanding debts.
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