OKX is going to delist several margin trading pairs

In order to improve market liquidity and improve the overall user experience, OKX will delist several low-liquidity margin trading pairs. The details are as follows:

1. Margin trading
   OKX will:

   Margin trading pairs	Cease borrowing feature	Delisting time
   ALPHA-USDT	April 11, 2023, 06:00 AM UTC	April 18, 2023, 03:00 AM UTC
   BAT-BTC		April 18, 2023, 06:00 AM UTC
   ENJ-BTC		April 18, 2023, 07:00 AM UTC
   IOST-BTC		April 18, 2023, 08:00 AM UTC
   KNC-BTC		April 18, 2023, 09:00 AM UTC
   LRC-BTC		April 18, 2023, 10:00 AM UTC
   SNT-USDT		April 20, 2023, 03:00 AM UTC
   THETA-BTC		April 20, 2023, 06:00 AM UTC
   WAVES-BTC		April 20, 2023, 07:00 AM UTC
   XTZ-BTC		April 20, 2023, 08:00 AM UTC
   XCH-BTC		April 20, 2023, 09:00 AM 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 pairs 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 times.
Please note: Prices may experience extreme fluctuations. To avoid losses caused by forced repayment, we recommend you stop trading pairs listed above and close all underlying positions in advance.

2. Adjustment of discount

Discount rates overview In multi-currency cross margin mode, different currencies in cross margin accounts can be converted into their USD value and used as margin. Due to significant differences in market liquidity of each currency, our platform calculates the actual USD value of certain crypto based on a certain discount rate in order to balance market risks.

Learn more: https://www.okx.com/trade-market/discountrate

Regards,
OKX
April 6, 2023 (UTC)