I saw the Binance announcement this morning and was filled with emotion. OMG, which was once ranked in the top 50 in terms of market value, is going to be delisted. Investors in the cryptocurrency circle are usually not used to cutting losses after buying small-cap altcoins. Instead, they are more willing to wait for favorable stimulation or liquidity repair to wait for a surge. However, there are only individual opportunities in the altcoin sector, unlike Btc, which has a long cycle and can be participated in without thinking, so if there is a profit run, it is better to do it sooner rather than later.

Except for a few experts, ordinary people like us with mediocre qualifications should still accept Binance's advice and "escape from the fire and never return." Choose good coins, be good people, and get good rewards.

Dear users:

Binance will regularly review the digital assets listed to ensure high-level currency quality. When a token no longer meets the listing standards or there are major changes in the industry environment, we will conduct an in-depth project review and may delist it. Binance has always attached great importance to user experience and constantly adapted to changes in the market environment, and has always given top priority to protecting users to the greatest extent.  

When conducting project reviews, we will consider various factors comprehensively and make prudent delisting decisions. The following are some of the factors considered when delisting tokens:

Team's commitment to the project

Level and quality of the project progress

Trading volume and liquidity

Network/smart contract stability

Community maintenance

Activity in responding to Binance's regular reviews

Unethical/fraudulent behavior

New regulatory requirements

Contribution to the construction of the entire blockchain ecosystem

Based on the above factors, we have decided to stop spot trading and delist the following currencies at 11:00 (ET) on June 17, 2024:

OmiseGO (OMG) Waves (WAVES) Wrapped NXM (WNXM) NEM (XEM)

Withdrawals of the above tokens will be stopped at 11:00 (ET) on September 17, 2024;

The platform may allow users to exchange delisted tokens for stablecoins at 11:00 (ET) on September 18, 2024. Please note: The exchange rate for delisted tokens to stablecoins cannot be guaranteed. The exchange will be notified separately before it is launched (if applicable), and the stablecoins will be credited to the user's Binance account after the exchange;