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Exchanges

Major Exchange Delists BONE, SHIB Community Reacts

NBTCBy NBTC02/07/2025No Comments3 Mins Read

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X account @Etherscan_SHIB has shared that major cryptocurrency exchange OKX plans to remove Shiba Inu ecosystem token BONE from its trading lists.

OKX to delist BONE and several other tokens

The post sends an encouragement to the SHIB community, saying that “OKX delisting is not the end” and reminds the SHIB army that BONE continues to trade on another large crypto exchange – Crypto.com where millions of users have gained an exposure to it.

Besides, according to the post, there are “95,058 on-chain holders and still growing daily.”

Don’t panic #BONE holders. OKX delisting is not the end.$BONE is still listed on https://t.co/aoGlxI4nVT, one of the world’s top platforms with millions of users.

Plus, 95,058 on-chain holders and still growing daily. #SHIB #Shibarium #Bone #crypto pic.twitter.com/zJV8jHpJQM

— Etherscan_SHIB (@Etherscan_SHIB) June 30, 2025

According to a post published by the aforementioned exchange, OKX delists all pairs with the following tokens: X, BSV, GOG, DIA, BONE, and OXT. The post claims that this move is about to be taken based on user feedback and the delisting rules on OKX. Concerning BONE token, the following pairs will be removed from the platform: BONE/USDT, BONE/USD.

As of June 30, deposits for the above-mentioned tokens, including BONE, have been suspended. Users can still withdraw their balances in these tokens until September 30. The tokens will be delisted on July 7.

One big reason to use Shibarium, not CEX: SHIB team

The X account “Shibarium/BONE Updates” (@Shibizens), affiliated with the Shiba Inu team, has addressed the community with a tweet, highlighting the advantages of using Shibarium and DeFi wallets on it versus using an account on a centralized cryptocurrency exchange.

USE SHIBARIUM – NO EXCUSES

DeFi wallet vs Exchange account
Let’s be honest:

🟢 DeFi Wallet
– No ID
– No KYC
– No email
– No phone
– No waiting
– Just generate a wallet, save your seed, done in 60 seconds
You control your funds. You own the keys.

🔴 Exchange Account
– Submit… pic.twitter.com/jIo7qR5RsY

— Shibarium | BONE 🍖 Updates 📢 (@Shibizens) July 1, 2025

The post compares important nuances of using DeFi wallets versus utilizing an account on a centralized exchange. Using a DeFi wallet does not require an ID or any KYC measures. You do not have to provide your e-mail address or phone number. You just generate a wallet, save your SEED phrase and it is all done within a minute. “You control your funds. You own the keys,” the post states.

When it comes to setting up an account with a CEX – Binance, OKX, Coinbase, etc. – you submit passport or ID, provide a selfie for facial scan, provide proof of your physical address, add a phone number/email address, etc, and wait to be approved or rejected.

The most important thing is that, the X posts stresses: “They hold your crypto. They decide what happens next.” “DeFi = freedom. CEX = permission,” @Shibizens concludes.


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NBTC

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