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XRP Eyes Delisting From Major Crypto Exchange

By adminOctober 26, 2023, 6:05 AM1 Mins read304 Views

XRP Eyes Delisting From Major Crypto Exchange

OKX, a leading cryptocurrency exchange, has delisted several spot trading pairs, including the XRP pairing against OKB.

The decision aims to improve the exchange’s spot trading environment and maintain stringent listing qualifications.

This has raised concerns about the future of XRP on the platform. Prominent crypto journalist Colin Wu suggested the delistings were part of a strategic effort to optimize liquidity within OKX.

XRP’s pairing with OKB had a weekly turnover of 46,589 XRP, compared to the one billion tokens traded in the largest XRP pair on Binance.

Despite being delisted against OKB, XRP maintains a presence on OKX through four remaining pairs, including USDT and USDC stablecoins, as well as pairs with major cryptocurrencies like Bitcoin and Ethereum.

(With inputs from Shikha Singh)

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