OKX announces the delisting of multiple leveraged trading pairs and adjusts the discount rates for cryptocurrencies

ChainCatcher news, according to the official announcement from OKX, in order to prevent market risks, the platform will delist some leveraged trading pairs.

• The trading pairs BSV/USDT, BSV/BTC, LUNC/USDT, and BAND/USDT will be delisted from June 11, 14:00 to 18:00 (UTC+8);
• The trading pairs CELR/USDT, MOVR/USDT, and SWEAT/USDT will be delisted from June 12, 14:00 to 18:00 (UTC+8).
• The borrowing function for all involved trading pairs has been stopped since June 6, 17:30 (UTC+8).

At the same time, OKX will adjust the discount rates for the related cryptocurrencies, gradually reducing the discount rates of the delisted cryptocurrencies to 0. The platform advises users to manage their positions in a timely manner to avoid forced liquidation due to rule adjustments.