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OKX to Delist Major Privacy-Centric Cryptocurrencies Including Monero and Zcash in 2024

Algoine News
Summary:
Leading cryptocurrency exchange OKX will delist several privacy-focused cryptocurrencies including Monero and Zcash, as well as partially-private coins Dash and Horizen, in early 2024. The decision, aimed at maintaining a robust spot trading environment, was made after continuous performance monitoring and user feedback.
OKX, a leading cryptocurrency exchange, has announced its plans to remove several prominent privacy-centric cryptocurrencies, including Monero (XMR), from its platform in the early part of 2024. On December 29, OKX officially communicated its decision to remove certain trading pairs that involve key privacy tokens such as Monero and Zcash (ZEC), alongside partially-private coins like Dash (DASH) and Horizen (ZEN). "To ensure a strong spot trading environment, we continually monitor the performance of all trading pairs and routinely evaluate their listing qualifications," stated the announcement from OKX. The choice to delist was made after considering user feedback and the guidelines of OKX on token delisting or hiding. More details on this story will become available as it unfolds.

Published At

12/29/2023 12:04:00 PM

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