# Binance Will Delist ANT, MULTI, VAI, XMR on February 20, 2024
On February 6, 2024 at 14:00, Binance announced that they will remove some tokens from their platform on February 20, 2024.
## General Announcement
As a responsible company, Binance regularly reviews every digital asset they list to ensure that they continue to meet high standards and industry requirements. When a coin or token no longer meets these standards or when the industry landscape changes, Binance conducts a more in-depth review and may remove it from their platform. Binance's top priority is to ensure the best service and protection for their users while continuing to adapt to evolving market dynamics.
## Factors Influencing Removal
When conducting this review, Binance considered various factors that influenced whether they decided to delist the digital asset:
- Team commitment to the project
- Level and quality of development activities
- Trading volume and liquidity
- Network stability and security from attacks
- Network / smart contract stability
- Level of public communication
- Responses to requests are carried out periodically
- Evidence of unethical behavior/fraud or negligence
- New regulatory requirements
- Contribution to a healthy and sustainable crypto ecosystem
## Tokens to be Removed from Binance
Based on their latest review, Binance has decided to delist and cease trading on all trading pairs for the following tokens on February 20, 2024 at 03:00 (UTC):
- Aragon (ANT)
- Multichain (MULTI)
- Go Go)
- Monero (XMR)
## Things that need to be considered
Some things to note regarding this deletion:
- Trading pairs removed are: ANT/BTC, ANT/USDT, MULTI/USDT, USDT/VAI, XMR/BNB, XMR/BTC, XMR/ETH, XMR/USDT
- All trading orders will be automatically deleted after trading stops in the respective trading pair.
- To see your assets after trading stops, make sure you do not select "Hide Small Balance" in all your wallets.
- Deposits of these tokens after February 21, 2024 at 03:00 (UTC) will not be credited to your account.
- Withdrawals of these tokens from Binance will not be supported after May 20, 2024 at 03:00 (UTC).
- Delisted tokens can be converted into stablecoins on behalf of users after May 21, 2024 at 03:00 (UTC).
- Binance Simple Earn will delist these tokens after February 19, 2024 at 03:00 (UTC).
- Binance Auto-Invest will delist these tokens after February 14, 2024 at 03:00 (UTC).
- Binance Loans and VIP Loans will close all outstanding loan positions for these tokens.
- Binance Margin will remove ANT, MULTI, and XMR cross margin pairs on February 16, 2024 at 06:00 (UTC).
- Margin Portfolio users are advised to transfer these tokens from their Margin wallet to their Spot wallet and add to their margin balance before February 16, 2024 at 06:00 (UTC).
- All ANT, MULTI, and
- Binance Futures will close all positions and auto-settle the XMRUSD Coin-M Perpetual Contract on February 15, 2024 at 09:00 (UTC).
- Binance Convert will delist these tokens on February 16, 2024 at 03:00 (UTC).
- Binance Pay will remove these tokens on February 18, 2024 at 03:00 (UTC).
- Binance will discontinue the Trading Bots service for these spot trading pairs on February 20, 2024 at 03:00 (UTC).
## Conclusion
The decision to remove the tokens was taken after a thorough review by Binance. This step is taken with the aim of protecting users and maintaining the integrity of the platform. Binance will continue to conduct surveys and take necessary actions in the interests of users and platform security.
## Frequently Asked Questions (FAQ)
1. Can I still withdraw tokens that are deleted after May 20 2024?
Yes, you can still withdraw delisted tokens after May 20, 2024, but such withdrawals will not be supported by Binance.
2. Will my balance be automatically converted to stablecoins after May 21, 2024?
Yes, your balance will be automatically converted to stablecoins after May 21, 2024, but this conversion is not guaranteed.
3. Will I lose my balance if I don't make a withdrawal before May 20, 2024?
No, your balance will not be lost, but you will not be able to make withdrawals after that date.
4. Can I still use the Binance Convert service for tokens deleted after February 16, 2024?
No, you will not be able to use the Binance Convert service for tokens delisted after February 16, 2024.
5. What should I do if I have an open position on Binance Futures for Coin-M XMRUSD Perpetual Contract?
You are advised to close your open positions before February 15, 2024 at 09:00 (UTC) to avoid auto-settlement.
#Write2Earn
#BINANCE
#Bitcoin
#Ethereum
#solana
#DeFi
#Shibarium
#Web3
#cardano
#ripple
#NFT
#TrendingTopic
$BTC
