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OKX takes strict measures following Celt’s market behavior

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According to reports, in response to the sharp rise and fall of Celt on the OKX trading platform and the KOL order call event, Xu Mingxing tweeted that this re…

OKX takes strict measures following Celts market behavior

According to reports, in response to the sharp rise and fall of Celt on the OKX trading platform and the KOL order call event, Xu Mingxing tweeted that this really disappointed us. The team will review our listing criteria to prevent similar junk tokens from listing, and consider taking Celt off the shelf. OKX is a neutral exchange. Except OKB and OKT, no tokens can be promoted by using the relationship with OKX.

Xu Mingxing: Considering taking off the shelf of CELT, no token can be promoted by using the relationship with OKX

Interpretation of the news:


Reports state that the rapid rise and fall of the Celt token in the OKX trading platform, and the associated KOL order call event, have prompted Xu Mingxing to tweet that the situation has caused disappointment. In response, the OKX team has taken strict measures to prevent such market volatility and junk tokens from being listed in the future.

The rise and fall of Celt on the OKX trading platform, accompanied by the KOL order call event, caused much confusion and disappointment for traders and investors. Xu Mingxing’s tweet addressed the issue by informing the community that the team will be reviewing the listing criteria to prevent such tokens from being listed in the first place. Additionally, they will also consider taking Celt off the platform.

OKX emphasizes on its neutral status, and it promotes only OKB and OKT tokens. The statement made it specific that no other tokens can be promoted due to relations with OKX. It is a significant step that ensures transparency concerning the platform’s policies and decisions. Thus, the OKX team aims to maintain an ethical stature in the market while helping traders and investors.

The message’s central theme is to remind traders and investors that OKX prioritizes transparency and ethical business practices to protect the best interests of traders and investors. The rise of junk tokens and market volatility can cause much disappointment and confusion and undermine the trust between traders, investors, and the platform.

In conclusion, the OKX response to the recent market behavior of Celt has shown a strict adherence to transparent and ethical business practices, reflecting their commitment to protecting the interests of traders and investors. The message serves as a reminder that OKX has stringent regulations for listing tokens and does not condone activities that promote unethical activities in the market.

Keywords such as Celt, OKX, listing criteria, token promotion, and market volatility are essential to understand the message’s tone and the platform’s actions. Traders and investors can use this information to make informed decisions while trusting the platform’s commitment to transparency and ethical business practices.

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