**🚨 Breaking: Binance to Delist 5 Cryptos in December 🚨**
Binance has announced it will delist five cryptocurrencies due to compliance and regulatory concerns. If you hold any of these tokens, act quickly to avoid disruptions!
### **Tokens to Be Delisted (Effective December 10, 2024):**
1. Gifto (GFT)
2. IRISnet (IRIS)
3. SelfKey (KEY)
4. OAX (OAX)
5. Ren (REN)
### **Key Deadlines:**
- **Spot Trading Ends:** December 6, 2024
- **Deposits Stop:** December 12, 2024
- **Withdrawals Close:** February 12, 2025
### **Why the Delisting?**
Binance regularly evaluates tokens for:
- Regulatory compliance
- Security and stability
- Development progress
### **Price Reactions:**
Significant drops have followed the announcement:
- GFT: -30.6%
- REN: -36.1%
- OAX: -37.2%
### **What Should You Do?**
1. **Withdraw Tokens:** Transfer to external wallets or exchanges before February 12, 2025.
2. **Check Futures:** KEY and REN perpetual contracts settle on December 3, 2024.
Stay informed and act now to safeguard your investments!
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