OKX Announces Plans to Delist XRP and LTC Expiry Futures

In
a
move
aligned
with
current
market
trends,
OKX
has
announced
its
decision
to
phase
out
XRP
and
LTC
USDT-margined
and
crypto-margined
expiry
futures.
According
to
OKX,
this
strategic
change
aims
to
better
meet
users’
needs
by
simplifying
their
futures
offerings.

Details
of
the
Delisting
Schedule

OKX
has
provided
a
detailed
schedule
for
the
cessation
of
these
futures
products.
The
delisting
process
will
start
with
the
discontinuation
of
bi-weekly
expiry
futures
generation
from
June
21,
2024.
Following
this,
bi-quarterly
expiry
futures
will
cease
to
be
generated
from
September
27,
2024.
However,
any
currently
listed
expiry
futures
will
remain
active
until
their
respective
expiration
dates.

Impact
on
Users
and
Platforms

This
change
will
impact
all
users
accessing
OKX
through
its
web,
app,
and
API
platforms.
The
official
delisting
of
XRP
and
LTC
expiry
futures
is
set
for
8:00
am
UTC
on
December
27,
2024.
Users
who
have
existing
positions
in
these
futures
are
advised
to
plan
accordingly
as
the
expiration
dates
approach.

Market
Trends
and
User
Needs

The
decision
to
delist
these
futures
contracts
comes
as
part
of
OKX’s
ongoing
efforts
to
adapt
to
the
evolving
market
landscape
and
user
preferences.
By
streamlining
the
available
futures
options,
OKX
aims
to
provide
a
more
focused
and
user-friendly
trading
experience.

For
further
inquiries,
users
can
reach
out
through
the

official
OKX
support
center
or
connect
via
their
community
platforms.

OKX’s
decision
reflects
a
broader
trend
in
the
cryptocurrency
exchange
industry,
where
platforms
consistently
review
and
adjust
their
offerings
to
align
with
market
demands
and
regulatory
environments.

Image
source:
Shutterstock

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