đ± đ± Binance Announced It Will Delist 4 Altcoins đ±đ±
In an effort to maintain high standards and ensure industry compliance, Binance, one of the largest cryptocurrency exchanges, announced it will delist several tokens. This decision is part of Binance's periodic review process to ensure that all digital assets listed on its platform meet high standards and industry requirements. The factors influencing the decision to delist a coin or token include:
đ§ââïž Project team commitment
đ§ââïž Level and quality of development activities
đ§ââïž Trading volume and liquidity
đ§ââïž Stability and security of the network
đ§ââïž Public communication and response speed
đ§ââïž Compliance with legal requirements
đ§ââïž Contribution to a healthy and sustainable crypto ecosystem
These comprehensive reviews help Binance maintain the integrity and security of the trading environment.
The exchange decided to delist the following coins:
OMG Network (OMG)
Waves (WAVES)
Wrapped NXM (WNXM)
NEM (XEM)
Important Dates and Actions:
đ§ââïž All trading orders will be automatically removed after trading stops at 06:00 on June 17, 2024.
đ§ââïž Deposits of these tokens will not be accepted as of 06:00 on June 18, 2024.
đ§ââïž Withdrawals of these tokens will not be supported as of 06:00 on September 17, 2024.
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