Digital asset exchanges periodically review their listed trading pairs to ensure market quality and protect users. This process involves removing pairs that no longer meet specific performance, liquidity, or compliance standards. Such delistings are standard industry practice aimed at maintaining a healthy trading environment.
Why Exchanges Delist Trading Pairs
Exchanges continuously monitor all listed trading pairs against a set of rigorous criteria. These often include trading volume, liquidity depth, user interest, project health, and compliance with regulatory standards. When pairs consistently underperform or pose potential risks, they become candidates for removal.
Regular reviews help platforms prioritize resources toward the most active and valuable markets. This ensures that users have access to high-quality trading options and reduces exposure to illiquid or volatile assets. User feedback also plays a significant role in these decisions.
Recently Delisted Spot Trading Pairs
The following spot trading pairs were recently removed from the platform. Users were advised to manage their orders and assets accordingly before the specified deadlines.
First Batch Delisting – November 9, 2023
The following trading pairs were delisted between 8:00 am and 8:30 am UTC:
- CELO-USDC
- AXS-USDC
- ENS-USDC
- IOST-USDC
- THETA-USDC
- OMG-USDC
- GMT-USDC
- YFI-USDC
- DASH-USDC
- XTZ-USDC
- NEAR-ETH
- IMX-USDC
- GMX-USDC
- APE-BTC
- AAVE-ETH
- CORE-USDC
- ALGO-BTC
- DYDX-BTC
- XLM-ETH
Second Batch Delisting – November 10, 2023
The following trading pairs were delisted between 8:00 am and 8:30 am UTC:
- HNT-USDT
- BTM-USDT
- PICKLE-USDT
- QOM-USDT
- SAITAMA-USDT
- COVER-USDT
- DHT-USDT
Key Actions for Users During a Delisting
When a trading pair is scheduled for removal, users must take specific steps to manage their assets and avoid potential inconveniences.
Canceling Open Orders
All open orders for the affected trading pairs, including limit, stop-limit, and other conditional orders, must be canceled by users before the delisting time. The system will automatically cancel any remaining orders, but this process may take one to three business days.
Managing Token Deposits and Withdrawals
Deposit and withdrawal services for the native tokens of delisted pairs are typically suspended on a separate schedule.
- Deposit Suspension: Deposits for the tokens involved in the second batch (HNT, BTM, PICKLE, QOM, SAITAMA, COVER, DHT) were suspended starting November 3, 2023, at 8:00 am UTC.
- Withdrawal Suspension: Withdrawals for the same tokens will be suspended starting January 10, 2024, at 8:00 am UTC. Users are strongly encouraged to withdraw these assets before this date.
After delisting, any remaining tokens can usually be found in a designated section of the user's funding account, such as "Untradable Assets." 👉 Explore more strategies for managing your digital portfolio
The Importance of Exchange Guidelines
Delistings are conducted according to a platform's official guidelines. These documents outline the specific criteria and regular review processes used to evaluate all listed tokens and trading pairs. They are designed to be transparent and provide users with insight into how the platform maintains its market integrity.
Adhering to these guidelines helps create a safer and more efficient trading ecosystem for all participants.
Frequently Asked Questions
What does it mean when a trading pair is delisted?
Delisting means the specific trading pair (e.g., XYZ-USDT) is permanently removed from the exchange's spot trading market. You can no longer buy or sell that particular pair on the platform. It does not necessarily mean the token itself is delisted, as it may still be available in other pairs.
What should I do if I still hold a token after its trading pair is delisted?
You should withdraw the token to another wallet or exchange that supports it before the withdrawal suspension date. After that date, you may not be able to move the token off the platform, and it will remain in your account's untradable assets section.
Will I be notified before a trading pair I use is delisted?
Reputable exchanges always provide official announcements in advance, giving users ample time to react. Notifications may appear on the exchange's website, official blog, or social media channels. It is good practice to regularly check for such updates.
Can a delisted trading pair be relisted in the future?
While possible, it is uncommon. Relisting would require the project and its token to significantly improve and meet the exchange's strict listing criteria all over again. Users should not rely on the possibility of relisting when making decisions.
How can I stay informed about future delisting announcements?
The best way to stay informed is to regularly check the official announcements section of your exchange's website or app. Many platforms also share these updates through their official social media channels and email newsletters.
Is my money safe if I hold a token that gets delisted?
The value and liquidity of a token can be negatively impacted by a delisting from a major exchange. It is crucial to manage your assets proactively upon hearing a delisting announcement to avoid potential losses or the inability to trade or withdraw. Always 👉 get advanced methods for protecting your investments in dynamic markets.
Proactive Asset Management is Key
Staying informed about exchange announcements is a critical part of managing digital assets. Delistings are a normal part of the ecosystem's evolution, designed to weed out underperforming assets and strengthen the overall market. By understanding the process and acting promptly on official notices, users can effectively navigate these events and protect their holdings.