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Binance Announces Delisting of 4 Digital Currencies. 👀🤐
In a recent move, Binance, the world's leading cryptocurrency exchange, has unveiled plans to delist four digital currencies – Monero (XMR), Multichain (MULTI), Vai (VAI), and Aragon (ANT). This decision, a part of Binance's routine review process, is grounded in a comprehensive assessment encompassing project teams, development activity, trading volume, network stability, public communication, and overall contributions to the crypto ecosystem.
Comprehensive Assessment:
Binance's decision-making process involved evaluating several factors, including development activity, trading volume, network stability, public communication, and the overall contribution to a healthy crypto ecosystem.
Regulatory Scrutiny:
Monero, recognized for its privacy features, has faced regulatory scrutiny due to concerns about potential illicit use. Authorities express worries about its anonymity feature facilitating money laundering and illegal transactions.
Failure to Meet Standards:
Multichain, Vai, and Aragon, though less known than Monero, did not meet Binance's criteria regarding development activity, trading volume, and network stability.
Delisting Schedule:
Effective Date: February 20, 2024, at 03:00 a.m. UTC.
Trading Pairs:All associated trading pairs will cease to be available for trading.
Deposits: After February 21, 2024, deposits for these tokens will not be credited.
Withdrawals: Not supported after May 20, 2024.
Implications of Delisting:
Tokens on Binance services like Margin, Futures, Simple Earn, Auto-Invest, Loans, Convert, Gift Card, Pay, and Trading Bots will be removed. Binance plans to convert remaining balances in delisted tokens to stablecoins, but this isn't guaranteed. Users must close positions and withdraw assets in affected trading pairs to avoid potential losses.
#XMR #Multi #VAI #ANT #delisting
In a recent move, Binance, the world's leading cryptocurrency exchange, has unveiled plans to delist four digital currencies – Monero (XMR), Multichain (MULTI), Vai (VAI), and Aragon (ANT). This decision, a part of Binance's routine review process, is grounded in a comprehensive assessment encompassing project teams, development activity, trading volume, network stability, public communication, and overall contributions to the crypto ecosystem.
Comprehensive Assessment:
Binance's decision-making process involved evaluating several factors, including development activity, trading volume, network stability, public communication, and the overall contribution to a healthy crypto ecosystem.
Regulatory Scrutiny:
Monero, recognized for its privacy features, has faced regulatory scrutiny due to concerns about potential illicit use. Authorities express worries about its anonymity feature facilitating money laundering and illegal transactions.
Failure to Meet Standards:
Multichain, Vai, and Aragon, though less known than Monero, did not meet Binance's criteria regarding development activity, trading volume, and network stability.
Delisting Schedule:
Effective Date: February 20, 2024, at 03:00 a.m. UTC.
Trading Pairs:All associated trading pairs will cease to be available for trading.
Deposits: After February 21, 2024, deposits for these tokens will not be credited.
Withdrawals: Not supported after May 20, 2024.
Implications of Delisting:
Tokens on Binance services like Margin, Futures, Simple Earn, Auto-Invest, Loans, Convert, Gift Card, Pay, and Trading Bots will be removed. Binance plans to convert remaining balances in delisted tokens to stablecoins, but this isn't guaranteed. Users must close positions and withdraw assets in affected trading pairs to avoid potential losses.
#XMR #Multi #VAI #ANT #delisting
Soon $OFN will reach $1!
Still under a $60 million marketcap ai token. My sell target is around $40.
In the meantime I will dollar cost average the way up on red days.
But the red days are scarce...
#OpenfabricAI #AIALTCOINS #FET.👀 #agix #VAI
Still under a $60 million marketcap ai token. My sell target is around $40.
In the meantime I will dollar cost average the way up on red days.
But the red days are scarce...
#OpenfabricAI #AIALTCOINS #FET.👀 #agix #VAI
⚠️⚠️Be aware if you invested those four coins then sell it ⚠️⚠️
Binance Announces Delisting of 4 Digital Currencies. 👀🤐
In a recent move, Binance, the world's leading cryptocurrency exchange, has unveiled plans to delist four digital currencies – Monero (XMR), Multichain (MULTI), Vai (VAI), and Aragon (ANT). This decision, a part of Binance's routine review process, is grounded in a comprehensive assessment encompassing project teams, development activity, trading volume, network stability, public communication, and overall contributions to the crypto ecosystem.
Comprehensive Assessment:
Binance's decision-making process involved evaluating several factors, including development activity, trading volume, network stability, public communication, and the overall contribution to a healthy crypto ecosystem.
Regulatory Scrutiny:
Monero, recognized for its privacy features, has faced regulatory scrutiny due to concerns about potential illicit use. Authorities express worries about its anonymity feature facilitating money laundering and illegal transactions.
Failure to Meet Standards:
Multichain, Vai, and Aragon, though less known than Monero, did not meet Binance's criteria regarding development activity, trading volume, and network stability.
Delisting Schedule:
Effective Date: February 20, 2024, at 03:00 a.m. UTC.
Trading Pairs:All associated trading pairs will cease to be available for trading.
Deposits: After February 21, 2024, deposits for these tokens will not be credited.
Withdrawals: Not supported after May 20, 2024.
Implications of Delisting:
Tokens on Binance services like Margin, Futures, Simple Earn, Auto-Invest, Loans, Convert, Gift Card, Pay, and Trading Bots will be removed. Binance plans to convert remaining balances in delisted tokens to stablecoins, but this isn't guaranteed. Users must close positions and withdraw assets in affected trading pairs to avoid potential losses.
#XMR #Multi #VAI #ANT #TradeNTell
Binance Announces Delisting of 4 Digital Currencies. 👀🤐
In a recent move, Binance, the world's leading cryptocurrency exchange, has unveiled plans to delist four digital currencies – Monero (XMR), Multichain (MULTI), Vai (VAI), and Aragon (ANT). This decision, a part of Binance's routine review process, is grounded in a comprehensive assessment encompassing project teams, development activity, trading volume, network stability, public communication, and overall contributions to the crypto ecosystem.
Comprehensive Assessment:
Binance's decision-making process involved evaluating several factors, including development activity, trading volume, network stability, public communication, and the overall contribution to a healthy crypto ecosystem.
Regulatory Scrutiny:
Monero, recognized for its privacy features, has faced regulatory scrutiny due to concerns about potential illicit use. Authorities express worries about its anonymity feature facilitating money laundering and illegal transactions.
Failure to Meet Standards:
Multichain, Vai, and Aragon, though less known than Monero, did not meet Binance's criteria regarding development activity, trading volume, and network stability.
Delisting Schedule:
Effective Date: February 20, 2024, at 03:00 a.m. UTC.
Trading Pairs:All associated trading pairs will cease to be available for trading.
Deposits: After February 21, 2024, deposits for these tokens will not be credited.
Withdrawals: Not supported after May 20, 2024.
Implications of Delisting:
Tokens on Binance services like Margin, Futures, Simple Earn, Auto-Invest, Loans, Convert, Gift Card, Pay, and Trading Bots will be removed. Binance plans to convert remaining balances in delisted tokens to stablecoins, but this isn't guaranteed. Users must close positions and withdraw assets in affected trading pairs to avoid potential losses.
#XMR #Multi #VAI #ANT #TradeNTell
📌BREAKI @NEWS B ALERT⚠️
#Binance will remove these coins from their site on February 20th. Those who have bought them sell them and take them to other sites if they have more losses.
Delist coins - #ANT/USDT #MULTI #VAI #XMR
@CoinMarketCap @Go2Mars Capital @UMA Protocol @UKong @Foresight_News
#Binance will remove these coins from their site on February 20th. Those who have bought them sell them and take them to other sites if they have more losses.
Delist coins - #ANT/USDT #MULTI #VAI #XMR
@CoinMarketCap @Go2Mars Capital @UMA Protocol @UKong @Foresight_News
Binance will perform an automatic conversion of the below tokens to USDC: Vai (VAI) Tornado Cash (TORN) OMG Network (OMG) Waves (WAVES) NEM (XEM) BarnBridge (BOND) Dock (DOCK) Mdex (MDX) Polkastarter (POLS ) Pundi X PURSE (PURSE).
#VAI #TORN #OMG/USDT #waves/usdt #XEM
#VAI #TORN #OMG/USDT #waves/usdt #XEM