OKX Announces Delisting of Multiple Leveraged Trading Pairs and Adjustment of Cryptocurrency Discount Rates

According to an official announcement from CoinWorld News, to prevent market risks, OKX will delist certain 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 affected trading pairs has been suspended since June 6, 17:30 (UTC+8).

At the same time, OKX will adjust the discount rates for the relevant cryptocurrencies, gradually lowering 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.