𝐁𝐢𝐧𝐚𝐧𝐜𝐞 𝐡𝐚𝐬 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐝 𝐭𝐡𝐞 𝐝𝐞𝐥𝐢𝐬𝐭𝐢𝐧𝐠 𝐨𝐟 𝐟𝐢𝐯𝐞 𝐜𝐫𝐲𝐩𝐭𝐨𝐜𝐮𝐫𝐫𝐞𝐧𝐜𝐢𝐞𝐬
—Gifto (GFT), IRISnet (IRIS), SelfKey (KEY), OAX (OAX), and Ren (REN)—effective December 10, 2024, with deposits disabled on December 12, 2024, and withdrawals closing by February 12, 2025. This decision follows Binance’s commitment to regulatory compliance and operational standards, citing factors like limited project development, security concerns, and regulatory alignment. The announcement has triggered sharp price declines for these tokens, offering traders potential short-term opportunities amidst volatility. Traders should consider reallocating their portfolios by withdrawing these assets promptly or exploring other trading pairs before deadlines to minimize losses or capitalize on market movements. Stay vigilant and monitor Binance updates for any future conversion options or developments.