OKX to postpone delisting of ZK margin trading pair and perpetual futures
The delisting of ZK margin trading pair and perpetual futures will be postponed. The details are as follows：
For the original announcement, please check: https://www.okx.com/help/okx-to-delist-zk-margin-trading-pairs-and-perpetual-futures
Perpetual futures trading
Futures name Delisting time ZKUSDT June 6, 2024, 8:00 am UTC Margin trading
Margin trading pair Cease borrowing feature Delisting time ZK/USDT May 31, 2024, 6:00 am UTC June 5, 2024, 6:00 am - 14:00 pm UTC
OKX will suspend margin trading and flexible loan at the delisting times listed above and open orders for margin will be canceled. Each crypto pair will take around 1 hour to suspend. Users with borrowings or collateral of the above crypto pair in margin trading and flexible loan should make sure to repay before the delisting times. A forced payment will be triggered if unpaid borrowings remain due by the delisting time.
Please note: Prices may experience extreme fluctuations. To avoid losses caused by forced repayment, we recommend you stop trading the pairs listed above and close all underlying positions in advance.
- Adjustment of discount rate
Crypto Before After Tier (USD) Discount rate Tier (USD) Discount rate ZK 0 - 50,000 0.5 0 0 > 50,000 0
OKX team
May 31, 2024