Binance delists 4 cryptocurrencies, including Waves
Waves, which Binance delisted from the US stock exchange in March, is also delisted from the global stock exchange. Binance made a statement on the issue this morning and announced that 4 cryptocurrencies, including Waves, will be removed from the platform on June 17.
Binance exchange, which has recently added many cryptocurrencies to its platform as well as taken them off, announced with a new announcement that it will delist 4 cryptocurrencies: OmiseGO (OMG), Waves (WAVES), Wrapped NXM (WNXM), NEM (XEM).
These 4 cryptocurrencies will be taken off the platform on June 17, at 06:00 in the morning. All pairs traded with 4 cryptocurrencies will be delisted, meaning that no transactions will be made with these cryptocurrencies after that day.
The trading pairs that Binance will delist are as follows: “OMG/USDT, WAVES/BTC, WAVES/ETH, WAVES/TRY, WAVES/USDT, WNXM/USDT, XEM/USDT”
Waves were expected
Created in 2016, Waves made a name for itself as one of the first systems where smart contracts and decentralized applications could be created on the blockchain. Waves, which made a name for itself especially during the 2017 bull season, broke a historical price record in 2022 and exceeded $ 50. After the Binance news was heard, Waves dropped by more than 20% and fell below 2 dollars.
Binance.US, the US arm of Binance, also delisted Waves in March. Therefore, it was within the market's expectations for the main stock exchange to make such a move.
For these 4 cryptocurrencies, deposits will not be reflected in the accounts as of June 18, 06.00, and withdrawals will not be reflected in the accounts as of September 17, 06.00.