Popular crypto exchange OKX is set to delist 4 altcoins currently trading on the exchange.
In a official announcement on Friday, April 5, OKX stated that it will delist two trading pairs for the altcoins XANA (XETA), Karura (KAR), HyperCash (HC), and V.SYSTEMS (VSYS).
According to OKX, the XETA/USDT, KAR/USDT, HC/USDT, and VSYS/USDT trading pairs will be removed from the platform on April 12 from 11:00-11:30 (GMT).
OKX stated that the delisting decision was made after regular reviews and in accordance with the delisting guidelines.
Furthermore, OKX urged investors to cancel their orders for these pairs before the delisting dates. Any remaining orders will be automatically removed by the exchange.
OKX also mentioned that it has suspended deposits for these tokens and withdrawal will be available until June 12, 2024.
Following the announcement, the prices of the related altcoins plummeted. XETA dropped by 63% to $0.00957, KAR by 23% to $0.156, HC by 66% to $0.0695, and VSYS by 40% to $0.00113.
