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OKX Delists TRX Futures Contracts In 2023, Adapting To Evolvin | Blockchain Explained

OKX Delists TRX Futures Contracts In 2023, Adapting To Evolving Market Demands

OKX
has announced that it plans to discontinue the generation of TRX USDT-Margined and Crypto-Margined futures contracts. The discontinuation of the futures contracts will be gradual. Bi-weekly futures contracts will no longer be available from April 14, 2023, while bi-quarterly futures contracts will no longer be available from June 16, 2023. However, the futures contracts that have already been listed will not be affected.

OKX to discontinue the generation of TRX USDT-Margined and Crypto-Margined futures contracts is a response to the current market trends and user needs. It is a clear indication that the company is committed to providing the best services to its users. As always, OKX will continue to monitor the market trends and make necessary adjustments to its services to meet the evolving needs of its users. OKX is now handing over these assets to the bankruptcy estate of the former companies. The exchange has stated that it will continue collaborating with FTX debtors and law enforcement authorities, expecting that these assets will be restored to FTX users through bankruptcy.

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