OKX, a renowned digital currency exchange, has indicated that it intends to remove from its trading platform. This decision was made due to YFII no longer fulfills the strict requirements required for currencies featured on the site, which are critical to maintaining a safe and effective trading environment. The impacted trading pairs, YFII/USDC and YFII/USDT, will be removed from trade on February 29, 2024, in the morning.
Prompt Elimination of DFI.Money’s YFII Trade Combinations.
OKX is preparing to evacuate DFI.Money’s YFII token, urging traders to revoke open orders employing the token to prevent losses. The move is the result of a thorough examination of the token’s performance and listing standards, which took into account feedback from users and OKX’s delisting notification requirements. Client assets associated to YFII will be moved to the Non-Trading Assets section of the OKX platform’s Assets and Funding category.
YFII Investment Hold & Withdrawal Timeline
OKX will stop taking YFII deposits on February 21, 2024. Clients can still withdraw their YFII assets, but these must be completed before April 29, 2024, requiring immediate action to ensure a secure asset transaction.
Release: The purpose of this content is only to provide knowledge. Readers have to do their own research before making investment decisions.
