At Binance, the team periodically reviews each digital asset listed 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, a more in-depth review is conducted and potentially delisted. The priority is to ensure the best services and protections for the users while continuing to adapt to evolving market dynamics.

When conducting these reviews, various factors are considered. Here are some that drive whether a decision is made to delist a digital asset:

- Commitment of the team to the project

- Level and quality of development activity

- Trading volume and liquidity

- Stability and safety of the network from attacks

- Network / smart contract stability

- Level of public communication

- Responsiveness to periodic due diligence requests

- Evidence of unethical/fraudulent conduct or negligence

- New regulatory requirements

- Contribution to a healthy and sustainable crypto ecosystem

Based on their most recent reviews, they have decided to delist and cease trading on all spot trading pairs for the following token(s) at 2024-06-17 03:00 (UTC):

OmiseGO (OMG)

Waves (WAVES)

Wrapped NXM (WNXM)

NEM (XEM)

Please note:

The exact trading pairs being removed are:

OMG/USDT,

WAVES/BTC,

WAVES/ETH,

WAVES/TRY,

WAVES/USDT

WNXM/USDT

XEM/USDT

All traders will be automatically removed after trading ceases in each respective trading pair.

To view their assets after trading ceases, they should ensure they have not selected “Hide Small Balances” in all of their wallets.

Deposits of these token(s) after 2024-06-18 03:00 (UTC) will not be credited to their account.

Withdrawals of these token(s) from Binance will not be supported after 2024-09-17 03:00 (UTC).

Delisted tokens MAY be converted into stablecoins on behalf of users after 2024-09-18 03:00 (UTC). Please note that the conversion of delisted tokens into The stability of stablecoins is NOT guaranteed. A separate notification will be made before the conversion where applicable, and the stablecoins will be credited to users’ Binance accounts after the conversion.

Binance Simple Earn will delist the token(s) mentioned above after 2024-06-13 03:00 (UTC). Users may choose to redeem their Flexible and Locked Products positions beforehand. Otherwise, these Flexible and Locked Products positions will be automatically redeemed at the above-mentioned time, and subsequently transferred to users’ Spot Wallets, together with any accrued rewards, from 2024-06-13 03:00 (UTC).

Binance Auto-Invest will delist the token(s) mentioned above after 2024-06-07 03:00 (UTC). Users may choose to remove the plan(s) beforehand. Otherwise, the next recurring cycle of the aforementioned token(s) will fail.

At 2024-06-11 03:00 (UTC), Binance Loans (Flexible and Stable Rates) and VIP Loan will close all outstanding loan positions for the aforementioned token(s) as loanable token(s) and collateral token(s). Users are strongly advised to repay their outstanding loans before 2024-06-11 03:00 (UTC) to avoid any potential losses, where applicable. Binance Futures will adjust the leverage and margin tiers of the USDⓈ-M WAVESUSDT perpetual contract at 2024-06-03 10:30 (UTC), as per the table below. Existing positions opened before the update will be affected.