cointelegraph

OKX crypto exchange to delist privacy tokens in early 2024

Major cryptocurrency exchange OKX will be delisting several prominent privacy-focused cryptocurrencies including Monero (XMR) in early 2024.

OKX officially announced on Dec. 29 that it will delist a number of trading pairs involving major privacy tokens like Monero and Zcash (ZEC), as well as partly-private coins like Dash (DASH) and Horizen (ZEN). The OKX exchange will remove a total of 11 trading pairs involving those tokens on Jan. 5, 2024, the announcement notes.

OKX crypto exchange to delist privacy tokens in early 2024
OKX’s announcement of delisting privacy and privacy-related coins. Source: OKX

“In order to maintain a robust spot trading environment, we constantly monitor the performance of all listed trading pairs and review their listing qualifications on a regular basis,” OKX said in the announcement. The firm added that the decision was made “based on feedback from users” and the OKX token delisting or hiding guidelines.

The OKX crypto exchange is one of the largest cryptocurrency exchanges in the world, trading at least $3 billion in crypto per day, according to data from CoinGecko. At the time of writing, OKX lists a total of 482 trading pairs, including four trading pairs involving Monero, four DASH pairs, three ZEC pairs and four ZEN pairs.

OKX didn’t immediately respond to Cointelegraph’s request for comment.