$XMR $ANT $MULTI
cโผ๏ธDon't trade this 4 crypto
Don't trade this 4 crypto again and If you have this 4 crypto, you should sell them or withdraw to other exchanges.
๐the Following Cryptocurrencies ๐ฐon February 20th (Major Altcoin Affected)Binance announced that it will be delisting a number of cryptocurrencies later this month.๐ฎ๐ฎ๐ฎ
The exchange did not specify the real reason but suggested some causes to why .๐คทAccording to the announcement Binance will be delisting four different cryptocurrencies on February 20th. โโโ
These are:-Aragon (ANT)-Multichain (MULTI)-Vai (VAI)-Monero (XMR)
The prices took a beating following the announcement. ๐ฃ MONERO(XMR) for example,
is down a considerable 17% as its valuation fell off a cliff once the exchange made the revelation.
XMR is one of the oldest and most popular altcoins in the industry,
and the decision to delist it might come as a surprise to some. ๐โโ๏ธ๐โโ๏ธ๐โโ๏ธ
However, itโs worth noting that its main use case is pointed at anonymity, which is something that major platforms have been starting to stray away from as governments around the world start to develop rigorous KYC and AML policies aimed at crypto trading.
โ๏ธโ๏ธโ๏ธRecall that Binance was recently involved in a massive lawsuit against the United States Securities and Exchange Commission.
The exchange agreed to pay a massive settlement upward of $4 billion and has since started to alter its policies and approachIts new CEO even said that they plan to turn Binance into a company thatโs aligned with traditional financial regulations.
That said, the reason for the delisting of Monero and the rest of the coins wasnโt explicitly outlined. The announcement gives a few possible factors that the exchange considers but doesnโt point to anything specifically
