OKX to support FXS crypto migration in EEA

Publicado el 24 dic 2025Lectura de 4 min

This is a general update. Please check the availability of the listed token or product for your region in the app. This notice is sent to users holding or previously interacting with FXS on OKX.

According to the official plan of Frax Finance, OKX will support the FXS crypto migration to FRAX at a 1:1 ratio as per the following schedule:


Spot Trading & Related Services

  • All pending orders for FXS crypto will be canceled and the FXS spot trading pairs FXS/EUR will be suspended between 02:00 and 03:00 UTC on Dec 26, 2025.

  • Buy/Sell and Convert will be suspended from 08:00 UTC, Dec 23, 2025

  • Trading bots for the affected pairs will gradually close between 01:00 and 02:00 UTC on the respective delisting dates. If you are concerned about potential fees or slippage from automatic closures, we recommend stopping them manually.


Deposits, Withdrawals & Transfers

  • FXS transfers, deposits, and withdrawals will be suspended at 3:00 UTC on Dec 29, 2025.


Additional details

  • After the delisting is completed, your assets will be consolidated into your funding account. During this process, withdrawal and transfer functions will be temporarily suspended until the consolidation is complete.


Snapshot & Migration

  • An account snapshot will take place at 3:00 UTC on Dec 29, 2025. The snapshot will take place in both OKX funding and trading accounts.

  • The subsequent crypto migration will take place between 3:00 UTC on Dec 29, 2025, and 10:00 UTC on Dec 31, 2025.

  • New crypto FRAX deposits and withdrawals will open after the crypto migration.


Please note:

  1. At the time of the snapshot, all the FXS crypto that are being withdrawn or not deposited successfully will not be included in the migration.

  2. Holdings under 1 FXS (open orders excluded) will not be included in the migration.

  3. During the token migration period, your FXS valuation will be unavailable. Once the migration is complete, all eligible FXS will be converted to FRAX, and FXS will no longer be shown in your asset list.

  4. Please note that OKX will strive to complete the crypto migration within the specified time frame. However, due to the need for coordination with the project team and other parties, there may be delays in the crypto migration process.

  5. Token migration will not be processed for users with KYC level lower than Lv.2 . Please upgrade your KYC level to process token migrations.

  6. The migration of FXS to FRAX is a technical process to ensure users’ assets remain safe and secure following the project’s official upgrade. OKX will continue to monitor the progress of migration and coordinate with the Frax team. Updates regarding the trading availability of FRAX will be announced separately once evaluations are complete.

  7. The listing of the new FRAX token is still subject to internal evaluations.


For any inquiries, please feel free to contact us via OKX Support Center or connect with us on any platform of your choice.
This content may cover products that are not available in your region. It is not intended to provide (i) investment advice or recommendations; (ii) an offer or solicitation to buy, sell, or hold crypto/digital assets, or (iii) financial, accounting, legal, or tax advice. Crypto/digital asset holdings, including stablecoins and NFTs, involve high risk and can fluctuate greatly. You should carefully consider whether trading or holding crypto/digital assets is suitable for you and consult your advisors for questions about your circumstances. While all reasonable care has been taken in preparing informational data and graphs, no responsibility or liability is accepted for any errors or omissions.

OKX team
December 24, 2025