Binance will remove GFT, IRIS, KEY, OAX, and REN from its list on December 10, 2024

Binance Community,

At Binance, we periodically review each digital asset that we list to ensure it continues to meet a high level of industry standards and requirements. When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more thorough review and may potentially delist it. Our priority is to ensure the best services and protections for our users while we continue to adapt to the changing dynamics of the market.

When we conduct these reviews, we take into account various factors. Here are some of the factors that determine whether we decide to remove a digital asset from the list:

Team's commitment to the project

Level and quality of development activity

Trading volume and liquidity

Stability and security of the network against attacks

Stability of the network/smart contract

Level of public communication

Responsiveness to our periodic due diligence requests

Evidence of unethical/fraudulent behavior or negligence

New regulatory requirements

Contribution to a healthy and sustainable crypto ecosystem

Based on our most recent reviews, we have decided to delist and cease trading on all spot trading pairs for the following tokens starting on 12/10/2024 at 03:00 (UTC):

Gift (GFT)

IRIS Network (IRIS)

Own Key (KEY)

Oxygen (OAX)

Ren (REN)

Please Note:

The exact trading pairs that will be removed are: GFT/USDT, IRIS/USDT, KEY/USDT, OAX/BTC, OAX/USDT, REN/BTC, REN/USDT

All trading orders will be automatically removed once trading ceases on each respective trading pair.

#Delisting #wallet #SPOT #tradingcrypto #Binance $GFT $OAX $IRIS @Binance Labs @Binance Search @Binance Academy @Binance España @Binance Customer Support @Binance LATAM Official @Binance Announcement @Binance Spot