A delisting tends to catch you at the moment you are not paying attention. The announcement sits in an exchange's support section, often months before the day it starts to matter, and anyone who does not actively trade the token in question never sees it at all. That is exactly where the problem lies. Between the announcement and the point at which your balance is stuck, some venues leave three months, others half a year. Anyone who does nothing in that window ends up with a holding they can neither sell nor move. This piece explains what happens technically, step by step, in a delisting, which of the restrictions lift again and which are final, and how to tell whether the process affects you. The running example is the exchange OKX, because two withdrawal deadlines are currently sitting side by side there and both are documented by the exchange itself. The mechanics are not confined to OKX, though: Kraken, Binance and most other platforms clear out trading pairs on the same pattern, and only the menu labels and the length of the deadlines differ. The practical conclusion comes first, so it is clear where this is heading. The one action that protects you in every case is moving the...
Crypto Exchange Delisting: What Happens to Your Tokens When Trading and Withdrawals Close
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