According to TechFlow, Binance regularly reviews digital assets listed on its platform to ensure that they meet high standards and industry requirements. When a currency or token no longer meets these standards or the industry environment changes, Binance will conduct a more in-depth review and may delist it.
Binance considers multiple factors during the review process, including the team’s commitment to the project, the level and quality of development activity, trading volume and liquidity, the stability and security of the network, the stability of smart contracts, the level of public communication, responsiveness to regular due diligence requests, the presence of unethical/fraudulent behavior or negligence, new regulatory requirements, and contributions to a healthy and sustainable crypto ecosystem.
Based on recent reviews, Binance has decided to halt trading of the following tokens for all spot trading pairs starting July 22, 2024, 03:00 (UTC): BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS).
