Delisting Alert!!
On September 15, 2024, Binance will delist several cryptocurrencies as part of its regular review process. Here’s what you need to know.
Coins to be delisted:ForTube (FOR): Current price: 0.00905 USDT, down -39.51% in the last 24 hours. ForTube, a DeFi platform, will no longer be supported due to poor market performance.Ellipsis (EPX): Trading at 0.0000739 USDT with a drop of -34.60% in 24 hours, EPX, a stablecoin trading and liquidity platform, is set for delisting due to low user interest.Voyager Token (VGX): Priced at 0.0365 USDT, VGX is down -33.64% in the last 24 hours.
Struggling after Voyager exchange crash, this token will be delisted. PowerPool (CVP): Currently 0.2300 USDT, CVP is down -32.23% and will be delisted due to waning market interest in its governance functions. Reef (REEF): At 0.000917 USDT, REEF is down -21.08%, with Binance opting to delist due to its challenges connecting DeFi and centralized exchanges.
What you should do: Withdraw or convert assets: Ensure that your assets are moved or converted before the delisting date to avoid losses. Transfer to external wallets: If you wish to hold these assets, move them to a wallet that supports these tokens. Stay updated: Monitor further announcements from Binance regarding the withdrawal schedule and other implications.
Explore other exchanges: Check out reputable platforms that may still support these tokens for future trading.
Why Binance is being delisted:Low trading volume and declining user interestLack of development activity around the projectConcerns over market performance and sustainabilityCompliance and regulatory considerationsAct now before these assets are no longer available on Binance!