Binance to Delist Multiple Tokens Amid Regulatory Review

  • Binance will delist IDRT, KP3R, OOKI, and UNFI following a deeper review of underperforming tokens.

  • Several trading pairs and Binance services will be affected, including margin trading and Spot Trading Bots.

  • Users are advised to close positions and manage holdings before key deadlines to avoid losses.

Binance, the world’s largest crypto exchange, will delist several tokens, including Rupiah Token (IDRT), Keep3rV1 (KP3R), Ooki Protocol (OOKI), and Unifi Protocol DAO (UNFI). Trading for these tokens ends on November 6, 2024, following Binance’s periodic review of assets to ensure they meet the platform’s performance and regulatory standards.

As part of this review, Binance will also remove the following trading pairs starting Friday, October 25, due to low liquidity and trading volume: ALGO/FDUSD, CHR/ETH, DGB/BTC, and GMX/BTC.

By November 6, Binance will further delist the trading pairs KP3R/USDT, OOKI/USDT, UNFI/BTC, UNFI/TRY, UNFI/USDT, and USDT/IDRT.

Users should close any open orders and manage their positions before the delisting dates to avoid disruptions. After the tokens are removed, all active orders will be automatically canceled.

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The post Binance Token Purge: IDRT, KP3R, OOKI, UNFI, and More Delisted for Low Performance, Regulatory Issues appeared first on Coin Edition.