OKX Announces Delisting of KOL, GM, SRM, UMEE, VALUE, MITH, JFI, and SOS Spot Pairs

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Digital asset platforms play a crucial role in maintaining market integrity, liquidity, and user safety. As part of its ongoing commitment to a secure and efficient trading environment, OKX has announced the upcoming delisting of several spot trading pairs following a comprehensive evaluation process. This decision aligns with OKX’s transparent token management framework and its mission to ensure only high-quality, compliant assets remain tradable on the platform.

The affected tokens include KOL, GM, SRM, UMEE, VALUE, MITH, JFI, and SOS, all of which will be removed from active trading due to failure to meet liquidity, compliance, or risk management standards outlined in the OKX Token Delisting and Hiding Guidelines.

Overview of Delisted Trading Pairs

The following spot trading pairs will be officially delisted:

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These pairs will cease trading operations during the scheduled window:

Execution Time: October 16, 2023, from 4:00 PM to 4:30 PM (UTC+8)

Users holding open orders on these pairs must cancel them before 4:00 PM (UTC+8) on the same day. Any remaining orders will be automatically canceled by the system. Please note that order cancellation processing may take 1 to 3 business days.

After delisting, related assets will no longer be available for trading but can still be accessed under:

Assets > Funding Account > Non-tradable Assets

This allows users to monitor their holdings while ensuring transparency throughout the transition.

Deposit and Withdrawal Schedule Updates

To ensure a smooth phase-out process, OKX has implemented a staged approach for deposits and withdrawals:

🔹 Deposit Suspension

Deposits for the following tokens were already suspended as of:

October 5, 2023, at 4:00 PM (UTC+8)

Tokens affected:

Once deposits are disabled, they will not be re-enabled. Users are strongly advised to manage their assets accordingly and avoid attempting deposits after this date to prevent potential loss.

🔹 Withdrawal Deadline

All withdrawal support for the above tokens will end on:

December 16, 2023, at 4:00 PM (UTC+8)

After this time, OKX will no longer support withdrawals for these assets. It is essential that users withdraw any remaining balances before the cutoff to avoid permanent inaccessibility.

Why Does OKX Delist Tokens?

Token delisting is a standard practice among leading cryptocurrency exchanges and reflects a proactive approach to risk management. OKX evaluates all listed assets based on multiple criteria, including but not limited to:

When an asset fails to meet these benchmarks—especially over an extended period—it may trigger automatic review under OKX’s established delisting protocol.

This process helps maintain:

Delisting does not necessarily imply malicious intent by the project team but often signals declining engagement or failure to sustain long-term viability.

What Should Affected Users Do?

If you hold any of the delisted tokens, here’s what you should do now:

  1. Review Your Holdings: Check your funding account to identify any balances in KOL, GM, SRM, UMEE, VALUE, MITH, JFI, or SOS.
  2. Cancel Open Orders: Ensure all open trades are canceled before October 16, 2023, at 4:00 PM (UTC+8).
  3. Withdraw Before Deadline: Transfer your assets to a private wallet or another supported exchange before December 16, 2023.
  4. Stay Informed: Monitor official OKX announcements for future updates regarding non-tradable assets.

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Frequently Asked Questions (FAQ)

Q: Why were these specific tokens delisted?
A: These tokens were removed due to insufficient liquidity, lack of active development, or failure to meet OKX’s ongoing listing requirements. The decision follows a review under the official Token Delisting and Hiding Guidelines.

Q: Can I still deposit these tokens after October 5?
A: No. Deposits for KOL, GM, SRM, UMEE, VALUE, MITH, JFI, and SOS were permanently disabled on October 5, 2023. Attempting to send these tokens to OKX after this date may result in irreversible loss.

Q: What happens if I don’t withdraw before December 16?
A: After December 16, 2023, OKX will no longer support withdrawals for these tokens. You may lose access to your funds unless alternative recovery options are provided in the future.

Q: Will these tokens ever be relisted?
A: Relisting is possible only if the projects demonstrate significant improvements in liquidity, transparency, development activity, and compliance. Each case is reviewed independently.

Q: Where can I check my non-tradable assets?
A: Navigate to Assets > Funding Account > Non-tradable Assets to view balances of delisted tokens.

Q: Is OKX selling or confiscating my assets?
A: No. OKX does not confiscate user funds. You retain ownership of your assets and must withdraw them before the deadline to retain full control.

Commitment to User Protection and Market Integrity

OKX remains committed to fostering a safe, transparent, and high-performing digital asset marketplace. By regularly reviewing listed tokens and enforcing clear delisting policies, the platform ensures that only robust and sustainable projects remain accessible to traders.

User feedback continues to play a vital role in shaping platform decisions. If you encounter suspicious activity or have concerns about a listed asset, OKX encourages reporting through official channels to help maintain ecosystem health.

As the crypto landscape evolves, so too must the standards for asset quality and operational excellence. OKX aims to lead by example—prioritizing security, innovation, and user empowerment.

Final Reminder

This delisting notice serves as a final call to action for all affected users:

✅ Cancel open orders by October 16, 2023
✅ Withdraw assets by December 16, 2023
✅ Monitor your account status regularly

Digital asset management requires vigilance. Taking timely action today protects your investment tomorrow.

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OKX will continue enhancing its product offerings and user experience to meet the demands of a dynamic market. Thank you for trusting OKX as your preferred digital asset platform.