Home web3.0 OKX Exchange Will Delist Certain Perpetual Futures Contracts and Leveraged Trading Pairs Involving GAL Coin

OKX Exchange Will Delist Certain Perpetual Futures Contracts and Leveraged Trading Pairs Involving GAL Coin

Jul 12, 2024 am 07:04 AM

OKX cryptocurrency exchange announced that it will remove certain perpetual futures contracts and leveraged trading pairs involving cryptos such as GAL coin from its platform on July 11 and 15

OKX Exchange Will Delist Certain Perpetual Futures Contracts and Leveraged Trading Pairs Involving GAL Coin

OKX cryptocurrency exchange will remove some perpetual futures contracts and leveraged trading pairs, including those involving GAL coin, from its platform on July 11 and 15, according to an announcement on its website.

The perpetual futures contracts to be delisted on July 15 are:

The leveraged trading pairs to be delisted on July 11 are:

OKX advises users to close their open positions in the trading pairs to be delisted. During the delisting process, orders in those trading pairs will be canceled and open positions will be automatically closed.

OKX will use the hourly index price average in valuing positions to ensure that the delisting process goes smoothly for users.

If you have a position of more than 10,000 USD in any of the perpetual futures contracts mentioned above as of 16:00 on July 15, you will not be able to transfer assets for the first 30 minutes after delisting. This restriction is a temporary measure to ensure the safe completion of transactions.

Investors using the OKX platform are advised to pay attention to the following points to avoid being affected by the delisting transactions:

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