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OKX to delist margin trading and perpetual for LUNA, ANC and MIR
OKX will delist margin trading, savings and perpetual for LUNA, ANC and MIR on May 13, 2022.
1. Margin trading
OKX plans to:
(1) The borrowing function for LUNA、ANC and MIR will be closed at 04:00 am UTC on May 13, 2022.
(2) 12:00 am UTC on May 13, 2022, LUNA、ANC、MIR margin trading services will be suspended, and all market orders will be canceled.
(3) For users who have borrowed crypto under the LUNA/USDT、ANC/USDT、MIRUSDT trading pair, a forced repayment will be triggered at 14:00 am UTC on May 13, 2022. Please be aware that a forced repayment will be carried out by the system if you haven't repaid by 14:00 am UTC on May 13, 2022.
2. Perpetual Swap Trading
OKX will delist the LUNAUSDT/MIRUSDT/ANCUSDT perpetual swaps at 8:00 am UTC on MAY 13, 2022, and trading for the pair will be stopped. Related orders on the order book will also be cancelled after the delisting.
OKX will deliver all the LUNAUSDT/MIRUSDT/ANCUSDT perpetual swap positions at the arithmetic average price of the corresponding OKX index one hour prior to the delisting.
If the index price display abnormalities in the hour preceding the delisting, OKX may adjust the final delivery price to a reasonable level at the time.
The current funding rate at 8:00 am UTC on the day of delisting will be 0 (funding fees for this period will not appear in the billing record).
Considering that the market may fluctuate sharply before the contract delisting, users are advised to practice risk-control measures by reducing the actual leverage multiples or closing positions in advance.
Within 30 minutes after the delisting, users who hold positions greater than $10,000 in value in LUNAUSDT/MIRUSDT/ANCUSDT perpetual contract at the time of delivery will also be restricted from transferring assets out of their Trading Account.
Restrictions on asset transfers will be lifted after 30 minutes. The historical orders and bills can still be queried after the delisting. If you need to backup your data, please download it promptly via the “Report Center” on the web interface.
3、Savings
After the borrowing function is closed, OKX will suspend the saving subscription of this currency, and the system will automatically redeem all your assets and send them to your funding account after the margin trading is officially offline.
OKX
May 13, 2022 (UTC)
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