⭐⭐Binance Exchange Will Delist 3 Altcoins from Futures: Removing on December 9! ⭐⭐

Binance, the world's largest cryptocurrency exchange, announced that it will delist three altcoins from futures.

Binance announced on Tuesday, November 26 that NEM (XEM), Orbs (ORBS) and Loom Network (LOOM) cryptocurrencies will be removed from futures. After these altcoins are added to Binance's new watch list, XEMUSDT, ORBSUSDT and LOOMUSDT trading pairs will be removed from futures as of December 9, 2024, 12:00 UTC.

It will not be possible to open new positions for these trading pairs as of 11:30 UTC on the same day. It was also reported that trading bots associated with these trading pairs will be closed at the same time.

Binance announced that it will not accept withdrawals for these cryptocurrencies as of February 12, 2025, and that deposits will not be possible as of December 11, 2024.

After this development, the prices of the altcoins in question dropped sharply. While LOOM lost 4% to $0.073, NEM lost 6% and ORBS lost 5.5%.

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