This is a general announcement. Products and services mentioned may not be available in your region.
Hello Binancian:
At Binance, we regularly review each digital asset on our listings to ensure that it continues to meet a high level of standard and industry requirements. When a coin or token no longer meets these standards or the industry landscape changes, we conduct a deeper review and may decide to delist the asset. Our priority is to offer the best services and protection to our users while continuing to adapt to the dynamic evolution of this market.
When we conduct these reviews, we consider several factors. Here are a few that determine whether we decide to remove a digital asset from our lists:
Team commitment to the project
Level and quality of activity in development
Trading volume and liquidity
Network stability and security against attacks
Network or smart contract stability
Public communication level
Response to our regular due diligence requests
Evidence of unethical/fraudulent conduct or negligence.
New regulatory requirements
Contribution to a healthy and sustainable cryptocurrency ecosystem
In accordance with our most recent revisions, we have decided to delist and suspend trading of the following Spot trading pairs effective July 22, 2024 at 03:00 (UTC):
Please note the following:
The trading pairs that will be removed are: BOND/BTC, BOND/USDT, DOCK/BTC, DOCK/USDT, MDX/USDT, POLS/USDT
All trade orders will be automatically deleted after trading ceases on each respective pair.
The token valuation will no longer be displayed in your wallet after delisting. To view your assets after trading ceases, be sure to uncheck the "Hide small balances" option in your wallets.
Deposits of these tokens after July 23, 2024 03:00 (UTC) will not be credited to your account.
Binance will stop supporting withdrawals of these tokens after October 22, 2024 at 03:00 (UTC).
Binance MAY convert delisted tokens to stablecoins on behalf of users starting October 23, 2024 at 03:00 (UTC). However, the conversion of delisted tokens to stablecoins is NOT guaranteed. A separate notification will be sent prior to conversion, where applicable, and stablecoins will be credited to users' Binance accounts after conversion.
The mentioned tokens will be delisted from Binance Simple Earn after July 19, 2024 at 03:00 (UTC). Users can choose to redeem their Flexible Product positions beforehand. Otherwise, these positions will be automatically redeemed on the mentioned date and subsequently transferred to users' Spot wallets, along with the accumulated rewards, starting July 19, 2024 at 03:00 (UTC).
The mentioned tokens will be delisted from Binance Auto Invest after July 15, 2024 at 03:00 (UTC). Users can choose to delete plans beforehand. Otherwise, the next recurring cycle of said tokens will not occur.
Starting July 17, 2024 at 03:00 (UTC), all pending loan positions for MDX on Binance Loans (Flexible and Stable rates), and BOND, DOCK, and POLS on Binance VIP Loan as tokens will be closed. loan and collateral tokens. Users are advised to repay these outstanding loans before July 17, 2024 03:00 (UTC) to avoid potential losses, if applicable.
On July 16, 2024 at 06:00 (UTC), the Binance Funding Rate Arbitrage Bot will close all arbitrage strategies and perform an automatic liquidation on the BOND/USDT symbol. The pair will no longer be available to open new arbitrage strategies once it is delisted.
Binance Margin will delist BOND, DOCK, MDX and POLS pairs from cross margin and isolated margin on July 17, 2024 at 06:00 (UTC). On July 12, 2024 at 06:00 (UTC), Binance Margin will suspend isolated margin lending on the aforementioned isolated margin pairs. On July 17, 2024 at 06:00 (UTC), Binance Margin will close users' positions, conduct automatic liquidation, and cancel all pending orders on the aforementioned isolated and cross-margin pairs. These pairs will then be removed from Binance Margin. Users will not be able to update their positions during this process and are highly recommended to close their positions or transfer their assets from the Margin wallet to the Spot wallet before the cessation of margin trading on July 17, 2024 at 06:00 (UTC). Binance will not be responsible for any possible losses.
Margin Wallet users are advised to transfer the mentioned tokens from their Margin wallet to their Spot wallet and replenish their margin balance, if necessary, before July 17, 2024 at 06:00 (UTC) . Users should carefully monitor the Unified Maintenance Margin Rate (UniMMR) to avoid potential liquidation resulting from the removal of tokens from the Margin wallet.
All BOND, DOCK, MDX and POLS balances in the Cross Margin wallets of the Portfolio Margin account will be automatically converted to USDT starting July 17, 2024 at 06:00 (UTC). The conversion may take approximately 24 hours or more. Binance Margin is not responsible for any losses of new positions during this period due to the conversion of funds. Please see these FAQ for more information.
Binance Convert will maintain a sell-only feature for the mentioned tokens and all associated pairs from July 18, 2024 03:00 (UTC) to July 22, 2024 02:00 (UTC). Binance Convert will subsequently delist the mentioned tokens and all associated pairs on July 22, 2024 at 02:00 (UTC).
Binance cryptocurrency buying and selling service will delist the mentioned tokens and all associated pairs on July 18, 2024 at 03:00 (UTC)
Binance Gift Card will delist the mentioned tokens on July 22, 2024 at 03:00 (UTC). Users are advised to manage their gift cards for these tokens in advance to avoid any inconvenience.
The mentioned tokens will be delisted from Binance Pay on July 18, 2024 at 03:00 (UTC).
Binance will terminate Trading Bot services for the aforementioned spot pairs on July 22, 2024 at 03:00 (UTC), as applicable. Users are highly recommended to update or cancel their Trading Bots before the termination of services to avoid possible losses.
There may be discrepancies between the translated version and the original English version. If they exist, consult the original version for the most recent or most accurate information.
We appreciate your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term sustainable growth.
Thanks for your support!
The Binance Team
8/7/2024
Note: This announcement was modified on 7/8/2024 to add that all pending loan positions for MDX on Binance Loans (Flexible and Stable rates), and for BOND, DOCK, and POLS on Binance VIP Loan as loan tokens will be closed and collateral tokens on July 17, 2024 at 03:00 (UTC).
