Binance to Delist XEM, WAVES, OMG Network, and WNXM on June 17, 2024
Binance has announced it will delist four coins—XEM (NEM), WAVES, OMG Network, and WNXM—on June 17, 2024. This decision follows Binance’s regular review process to ensure all listed digital assets meet the exchange’s high standards and industry requirements.
At Binance, maintaining a high level of quality for its listed assets is crucial. When a coin or token no longer meets these standards or when the industry landscape changes, Binance conducts a thorough review and may decide to delist the asset. This approach helps the platform offer the best services and protections for its users while adapting to evolving market dynamics.
Several factors influence Binance's decision to delist a digital asset, including:
- Development activity and responsiveness of the team
- Network stability and security
- Level and quality of community engagement
- Trading volume and liquidity
- Regulatory standing and compliance
- Contributions to the healthy and sustainable crypto ecosystem
By delisting XEM, WAVES, OMG Network, and WNXM, Binance aims to maintain a secure and efficient trading environment. Users holding these assets should take necessary actions before the delisting date to avoid any inconvenience. Binance remains committed to providing top-tier service and adapting to the changing crypto market to benefit its users.
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