Blockchain
OKX announces the delisting of some Simple Earn products
OKX will remove some Simple Earn products from the list
According to an official update from cryptocurrency exchange OKX, some of Simple Earn’s products will be delisted on May 21, 2024. The affected products include the MINA, NYM, and LHINU crypto terms with terms ranging from 3 days to 120 days.
OKX users with these products will continue to receive daily rewards until the delisting date. After delisting, your capital will be reinvested in Simple Earn flexible products or deposited into your financing account if corresponding Simple Earn flexible products are unavailable. Interest earned will be transferred to your financing account.
The OKX team thanked their users for their continued support and commitment to improving their products. This decision is in line with their commitment to providing a safe and optimized trading environment for their users.
The news comes as part of OKX’s ongoing efforts to optimize and streamline its offerings to better serve its users. As the cryptocurrency market continues to evolve and mature, exchanges like OKX are constantly reviewing their product lines and making necessary changes to remain competitive and responsive to user needs.
OKX is known for its wide range of cryptocurrency investment and trading products, including spot trading, futures trading, and earnings products such as Simple Earn. Simple Earn allows users to earn interest on their cryptocurrency holdings by lending them to other users.
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