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Binance Delisting Alert: 5 Trading Pairs to be Removed on Feb 17
Binance information, one of the world’s largest cryptocurrency exchanges, is shaking up its trading platform once again. The exchange has announced the removal of five spot trading pairs as part of its regular market review. This change, set to take effect on February 17, 2025, at 6:00 a.m. UTC, is aimed at keeping the platform efficient and user-friendly.
But why these specific pairs? And what does this mean for traders holding these assets? Let’s break it down.
Trading Pairs Set for Removal
The following trading pairs will be delisted:
HMSTR/FDUSD
SAGA/BTC
ILV/BTC
LTO/BTC
MDT/BTC
Binance Margin has confirmed that both cross-margin and isolated margin trading will be affected. Users will no longer be able to transfer assets related to these pairs into isolated margin accounts, whether manually or through auto-transfer.
Important Dates to Remember
February 12, 2025, at 6:00 a.m. UTC – Binance will suspend isolated margin borrowing for the affected pairs.
February 17, 2025, at 6:00 a.m. UTC – Binance will automatically close users’ positions, settle accounts, and cancel all pending orders related to the delisted pairs. After this, the pairs will be permanently removed from the platform.
What Traders Should Do
Binance advises users to close any open positions and transfer related assets from margin accounts to spot accounts before February 17. If users fail to do so, their positions may be settled automatically, which could lead to unexpected losses depending on market conditions.
For traders actively using these pairs, this early notice provides enough time to adjust trading strategies and make necessary changes before the deadline.
Can These Tokens Still Be Traded?
Yes, the delisting only applies to the specific trading pairs mentioned. Binance has clarified that users can still trade HMSTR, SAGA, ILV, LTO, and MDT through other active pairs on the platform.
Why Is Binance Removing These Pairs?
Binance did not give a specific reason for the removal, but delistings are usually based on factors such as low trading volume and limited liquidity. When a trading pair has low activity, it can create inefficiencies and make trading less effective.
As part of its ongoing market review, Binance regularly updates its offerings to improve the overall trading experience and ensure that only the most viable trading pairs remain available.
This decision reflects Binance’s commitment to optimizing market performance while giving users access to the best possible trading opportunities.
Market efficiency comes at a (harsh) cost!
#BinanceDelisting #BinanceDelist #TokenReserve #Write2Earn #CPIvsCrypto
But why these specific pairs? And what does this mean for traders holding these assets? Let’s break it down.
Trading Pairs Set for Removal
The following trading pairs will be delisted:
HMSTR/FDUSD
SAGA/BTC
ILV/BTC
LTO/BTC
MDT/BTC
Binance Margin has confirmed that both cross-margin and isolated margin trading will be affected. Users will no longer be able to transfer assets related to these pairs into isolated margin accounts, whether manually or through auto-transfer.
Important Dates to Remember
February 12, 2025, at 6:00 a.m. UTC – Binance will suspend isolated margin borrowing for the affected pairs.
February 17, 2025, at 6:00 a.m. UTC – Binance will automatically close users’ positions, settle accounts, and cancel all pending orders related to the delisted pairs. After this, the pairs will be permanently removed from the platform.
What Traders Should Do
Binance advises users to close any open positions and transfer related assets from margin accounts to spot accounts before February 17. If users fail to do so, their positions may be settled automatically, which could lead to unexpected losses depending on market conditions.
For traders actively using these pairs, this early notice provides enough time to adjust trading strategies and make necessary changes before the deadline.
Can These Tokens Still Be Traded?
Yes, the delisting only applies to the specific trading pairs mentioned. Binance has clarified that users can still trade HMSTR, SAGA, ILV, LTO, and MDT through other active pairs on the platform.
Why Is Binance Removing These Pairs?
Binance did not give a specific reason for the removal, but delistings are usually based on factors such as low trading volume and limited liquidity. When a trading pair has low activity, it can create inefficiencies and make trading less effective.
As part of its ongoing market review, Binance regularly updates its offerings to improve the overall trading experience and ensure that only the most viable trading pairs remain available.
This decision reflects Binance’s commitment to optimizing market performance while giving users access to the best possible trading opportunities.
Market efficiency comes at a (harsh) cost!
#BinanceDelisting #BinanceDelist #TokenReserve #Write2Earn #CPIvsCrypto
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#DELİST #Binance #binancedelist
$CVP $EPX $FOR $REEF $LOOM $VGX
Binance to Delisting CVP, EPX, FOR, LOOM, REEF, VGX on 2024-08-19
12.08.202024 10:00
This is a public announcement. The products and services referenced herein may not be available in your region.
Binancers,
At Binance, we periodically review every digital asset we list to ensure that it continues to meet a high level of standards and industry requirements. When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delisted it. Our priority is to provide the best service and protections for our users while continuing to adapt to evolving market dynamics.
When we conduct these reviews, we consider a variety of factors. Here are some that guide whether we decide to delist a digital asset:
Team commitment to the project
Level and quality of development activity
Trading volume and liquidity
Stability and security of the network against attacks
Network/smart contract stability
Level of public communication
Responsiveness to our periodic due diligence requests
Evidence of unethical/fraudulent behavior or negligence
New regulatory requirements
Contribution to a healthy and sustainable crypto ecosystem
Based on our most recent reviews, we have decided to delist and cease trading on all spot trading pairs for the following token(s) at 03:00 UTC on 26-08-2024:
$CVP $EPX $FOR $REEF $LOOM $VGX
Binance to Delisting CVP, EPX, FOR, LOOM, REEF, VGX on 2024-08-19
12.08.202024 10:00
This is a public announcement. The products and services referenced herein may not be available in your region.
Binancers,
At Binance, we periodically review every digital asset we list to ensure that it continues to meet a high level of standards and industry requirements. When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delisted it. Our priority is to provide the best service and protections for our users while continuing to adapt to evolving market dynamics.
When we conduct these reviews, we consider a variety of factors. Here are some that guide whether we decide to delist a digital asset:
Team commitment to the project
Level and quality of development activity
Trading volume and liquidity
Stability and security of the network against attacks
Network/smart contract stability
Level of public communication
Responsiveness to our periodic due diligence requests
Evidence of unethical/fraudulent behavior or negligence
New regulatory requirements
Contribution to a healthy and sustainable crypto ecosystem
Based on our most recent reviews, we have decided to delist and cease trading on all spot trading pairs for the following token(s) at 03:00 UTC on 26-08-2024:
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Delist Announcement from Binance: These 4 Trading Pairs Are Being Removed
Binance will delist 4 trading pairs including DEXE/ETH and POLS/BTC on January 19. SummaryBinance will delist DEXE/ETH, DAR/BNB, ID/BNB and POLS/BTC trading pairs on January 19. The delist of these trading pairs The reason for the delisting is shown to be weak liquidity and transaction volume. The prices of DEXE, POLS, DAR and ID experienced a small decline after the delist news. DetailsLeading cryptocurrency exchange Binance, on January 19, DEXE / ETH, DAR / BNB, ID / It announced that it would delist BNB and POLS/BTC trading pairs. Binance cited weak liquidity and transaction volume as the reason for the delisting process. The stock exchange stated that it takes these factors into consideration in periodic reviews and delists trading pairs that do not meet these criteria. The prices of DEXE, POLS, DAR and ID experienced a small decline after the delist news. However, this decline may also be related to the market correction that occurred after the US Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs. Binance continues its delisting operations this year. On January 4, the exchange added privacy-focused cryptocurrencies Monero (XMR), Zcash (ZEC) and 8 other cryptocurrencies to its watch list. Projects added to the watchlist may be delisted from the Binance exchange if they do not meet the required criteria. Binance also recently delisted 9 trading pairs, including LTC/UAH, FLOKI/TUSD, COTI/BNB, COS/BNB, MULTI/BTC .Finally, Binance listed SOL/USDC, ARB/FDUSD and DOCK/USDT for margin trading last week, and SOL/USDC, ARB/FDUSD and OP/FDUSD for isolated margin trading.#Binance #binancedelist #delist
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#binancedelist Tlm, it's about selling all the time and buying it from wherever you want. It's about taking people in and going there as a project and trying to paint people's eyes with a few graphics and ridiculous pictures. Don't buy it. Don't buy it. Don't let others get hurt.
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Brothers, everyone who sees this should comment, this token should be delist, they are fraudsters, everyone should tag Binance in the comment and call it delist, so they don't defraud anyone anymore. let's unite #binancedelist #$TLM
Binance Announces REEF Token Delisting.
In a recent development that has sent ripples through the cryptocurrency community, Binance, one of the world's leading crypto exchanges, has announced its decision to delist the REEF token. This move, set to take effect on August 19, has sparked intense discussion among investors, particularly in Turkish crypto circles where REEF has garnered significant attention.
Understanding Binance's Delisting Criteria
Binance employs a comprehensive set of criteria when evaluating whether to maintain or remove a token from its platform. These factors include:
The project team's ongoing engagement and dedicationTrading activity and market liquidityRobustness of network security measuresReliability of smart contract implementationsAdherence to regulatory standardsResponsiveness to periodic assessments and investor inquiriesEthical conduct of the project and its team
In REEF's case, the primary concerns appear to be insufficient trading volume and inadequate liquidity. This decision has had an immediate impact on REEF's market performance, with the token experiencing a sharp 25% decline in value over a 24-hour period, bringing its market capitalization down to approximately $19 million.
Broader Market Implications
The repercussions of Binance's delisting decision extend beyond REEF itself. The cryptocurrency market has witnessed a domino effect, with numerous altcoins experiencing significant downturns, typically ranging from 20% to 30% in value.
Adding to the complexity of the situation, Ethereum's price action is approaching a critical support level. This development suggests that tokens facing delisting could potentially see even steeper declines. As such, investors are advised to stay vigilant, closely monitoring project-specific news and Ethereum's price movements.
Navigating Uncertain Waters
Binance's decision to remove REEF from its platform has undoubtedly contributed to a climate of uncertainty within the crypto market. This event serves as a stark reminder of the volatile nature of cryptocurrency investments and the importance of thorough due diligence.
In light of these developments, it is crucial for investors to:
Conduct comprehensive research on their investment choicesDiversify their portfolios to mitigate riskStay informed about regulatory changes and exchange policiesRemain cautious and prepared for market fluctuations
As the crypto landscape continues to evolve, staying informed and adaptable will be key to navigating these challenging waters successfully.
#Reef #Binance #BinanceDelisting #BinanceDelist
Understanding Binance's Delisting Criteria
Binance employs a comprehensive set of criteria when evaluating whether to maintain or remove a token from its platform. These factors include:
The project team's ongoing engagement and dedicationTrading activity and market liquidityRobustness of network security measuresReliability of smart contract implementationsAdherence to regulatory standardsResponsiveness to periodic assessments and investor inquiriesEthical conduct of the project and its team
In REEF's case, the primary concerns appear to be insufficient trading volume and inadequate liquidity. This decision has had an immediate impact on REEF's market performance, with the token experiencing a sharp 25% decline in value over a 24-hour period, bringing its market capitalization down to approximately $19 million.
Broader Market Implications
The repercussions of Binance's delisting decision extend beyond REEF itself. The cryptocurrency market has witnessed a domino effect, with numerous altcoins experiencing significant downturns, typically ranging from 20% to 30% in value.
Adding to the complexity of the situation, Ethereum's price action is approaching a critical support level. This development suggests that tokens facing delisting could potentially see even steeper declines. As such, investors are advised to stay vigilant, closely monitoring project-specific news and Ethereum's price movements.
Navigating Uncertain Waters
Binance's decision to remove REEF from its platform has undoubtedly contributed to a climate of uncertainty within the crypto market. This event serves as a stark reminder of the volatile nature of cryptocurrency investments and the importance of thorough due diligence.
In light of these developments, it is crucial for investors to:
Conduct comprehensive research on their investment choicesDiversify their portfolios to mitigate riskStay informed about regulatory changes and exchange policiesRemain cautious and prepared for market fluctuations
As the crypto landscape continues to evolve, staying informed and adaptable will be key to navigating these challenging waters successfully.
#Reef #Binance #BinanceDelisting #BinanceDelist
Binance to Remove Pepe Coin, Decred, and Horizen Spot Trading Pairs
On December 11, Binance reported that it would delist spot trading pairs for Pepe Coin, Decred, and Horizen. The decision comes as part of Binance’s routine market reviews aimed at maintaining high standards for trading quality and user experience.
Market Performance of Pepe, Decred, and Horizen
PEPE Coin price today traded at $0.00002521, up 5% over the last 24 hours. With today’s surge, the top meme coin remains up over 100% this month, showcasing significant market momentum.
DCR price is currently trading at $21.07, with a 24-hour low of $18.51 and a high of $21.26, marking a 9% rally in the past day. More so, it is up 52% this month, reflecting a bullish trend.
Moreover, ZEN price was trading at $15.09, gaining 15% in the last 24 hours and 60% over the month. Binance listings and announcements can drive momentum, as seen with the 136% KOMA price surge.
#BinanceDelist #BinanceWatch
On December 11, Binance reported that it would delist spot trading pairs for Pepe Coin, Decred, and Horizen. The decision comes as part of Binance’s routine market reviews aimed at maintaining high standards for trading quality and user experience.
Market Performance of Pepe, Decred, and Horizen
PEPE Coin price today traded at $0.00002521, up 5% over the last 24 hours. With today’s surge, the top meme coin remains up over 100% this month, showcasing significant market momentum.
DCR price is currently trading at $21.07, with a 24-hour low of $18.51 and a high of $21.26, marking a 9% rally in the past day. More so, it is up 52% this month, reflecting a bullish trend.
Moreover, ZEN price was trading at $15.09, gaining 15% in the last 24 hours and 60% over the month. Binance listings and announcements can drive momentum, as seen with the 136% KOMA price surge.
#BinanceDelist #BinanceWatch