‘Delist’ decision was made for 4 altcoins: Sharp decline of 66 percent

OKX, one of the world’s largest cryptocurrency exchanges, announced that it will remove four cryptocurrencies from its platform.

According to the statement made by the stock exchange, these cryptocurrencies; There will be XETA, KAR, HC and VSYS. Deposits in four cryptocurrencies, which will be delisted as of April 12, were terminated as of yesterday. Withdrawals will continue until June 12.

OKX stated that it constantly monitors the performance of all listed assets and reviews their listing qualifications to ensure its users can place spot transactions seamlessly. The exchange emphasized that based on feedback received from users and OKX’s conditions, XETA, KAR, HC and VSYS no longer meet the listing criteria.

Following the decision, XETA lost 55 percent of its value, KAR 30 percent, HC 66 percent and VSYS 45 percent.