Binance will be delisting several tokens on September 18, 2024, as part of our regular market evaluation. Hereâs the rundown and how you can prepare:
Tokens to Be Delisted:
- ForTube (FOR): Priced at $0.00997 USDT, with a -42.51% drop in 24 hours, FOR will be removed due to poor performance.
- Ellipsis (EPX): Currently at $0.0000799 USDT, down -34.60%, this liquidity platform faces delisting due to low user engagement.
- Voyager Token (VGX): Trading at $0.0399 USDT, with a -33.64% decline, VGX is being removed after the collapse of Voyager.
- PowerPool (CVP): At $0.2300 USDT and down -39.23%, CVP will be delisted due to declining interest in its governance protocol.
- Reef (REEF): Priced at $0.000917 USDT, with a -21.08% decrease, REEF's struggle to integrate DeFi with centralized exchanges leads to its removal.
What You Need to Do:
1. Withdraw or Convert: Take action before the deadline to secure your assets.
2. Transfer to External Wallets: Keep these tokens in supported wallets if you plan to hold them.
3. Stay Updated: Follow Binance announcements for specific withdrawal timelines.
4. Explore Other Platforms: Research other exchanges that may still list these tokens.
Why This Is Happening:
Binanceâs decision to delist is based on low trading volume, decreased user interest, lack of innovation, market issues, and regulatory challenges, ensuring a strong and sustainable trading environment.
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