Binance Token Delisting Signals Shift in Crypto Exchange Standards*
Binance, the world's largest cryptocurrency exchange by trading volume, has decided to delist several tokens, including OmiseGo (OMG), Waves (WAVES), Wrapped NXM (WNXM), and NEM (XEM). According to Binance's official announcement, the exchange will remove all spot and margin trading pairs for this token on June 17, 2024.
Binance regularly reviews digital assets listed on its platform. Exchanges verify certain factors to ensure that tokens meet high-level standards and industry requirements. These factors include development activity, commitment, trading volume and liquidity, regulatory compliance, and public communications.
