Binance, one of the world's leading crypto exchanges, has announced the delisting of five tokens that no longer meet its stringent evaluation criteria. The affected tokens include:
Gifto ($GFT)
IRISnet ($IRIS)
SelfKey ($KEY)
OAX ($OAX)
Ren ($REN)
These tokens will be removed from trading pairs starting December 10, 2024, marking a critical deadline for investors and traders holding these assets.
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đ Why the Delisting?
Binance conducts regular evaluations of listed projects, analyzing key factors such as:
Development activity and consistency
Trading volume and liquidity
Network stability and security
Responsiveness to audits and transparency
These tokens failed to meet Binance's high standards, prompting their removal.
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đïž Important Dates to Remember:
Trading Halt: December 10, 2024 â Trading pairs involving these tokens will no longer be available.
Deposit Deadline: December 11, 2024 â Deposits for these tokens will no longer be credited.
Withdrawal Cut-Off: February 15, 2025 â Ensure you transfer your holdings before this date to avoid losing access.
Simple Earn Support Ends: December 8, 2024 â These tokens will no longer be supported in Binanceâs Simple Earn service.
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đą What Should You Do?
1. Withdraw Your Tokens: Move your assets to external wallets or alternative exchanges before February 15, 2025.
2. Monitor Trading Pairs: Take action now to exit positions or rebalance your portfolio.
3. Stay Informed: Binance emphasizes the importance of regular project evaluation. This move highlights the necessity for consistent performance and transparency.
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đ A Wake-Up Call for Investors
This announcement serves as a reminder of the fast-evolving crypto landscape. Always diversify your portfolio, research projects thoroughly, and monitor exchange updates to protect your investments.
Donât waitâact now to safeguard your assets.
#BinanceHODLerTHE #MarketBuyOrHold? #MarketInTheGreen #BitwiseFiles10ETFs #write2earn $GFT