👉Binance To Delist OMG, WAVES, WNXM, XEM On June 17

Binance announced the delisting of OMG, WAVES, WNXM, and XEM on June 17.

The exchange will cease trading on all spot and margin trading pairs for the tokens.

In an official announcement, Binance revealed the decision to delist and cease trading on all spot and margin trading pairs for the following tokens on June 17 at 03:00 UTC:

OmiseGO (OMG)

Waves (WAVES)

Wrapped NXM (WNXM)

NEM (XEM)

The trading pairs that will be removed are the following:

OMG/USDT

WAVES/BTC

WAVES/ETH

WAVES/TRY

WAVES/USDT

WNXM/USDT

XEM/USDT

According to the official announcement, all trade orders will be automatically removed after trading ceases in each trading pair.

In order to view the assets after trading ceases, users have to ensure that they have not selected “Hide Small Balances” in all their wallets.

Deposits of the tokens after June 18 03:00 (UTC) will not be credited to users’ accounts. Also, the withdrawals of the tokens from Binance will not be supported after September 17, 03:00 (UTC).

The exchange announced that delisted tokens may be converted into stablecoins on behalf of users after September 18 at 03:00 (UTC). The conversion of delisted tokens into stablecoins is not guaranteed by Binance. A separate notification will be made before the conversion where applicable, and the stablecoins will be credited to users’

Binance accounts following the conversion

Binance Simple Earn will delist the tokens mentioned above after June 13 03:00 (UTC). Users can redeem their flexible and Locked Products positions beforehand. Otherwise, the Flexible and Locked Products positions will be automatically redeemed at the time mentioned above and then transferred to users’ Spot Wallets along with the accrued rewards from June 13 at 03:00 (UTC).

Also, Binance Auto-Invest will delist the tokens after June 7, 03:00 (UTC) and users may choose to remove the plan beforehand. Otherwise, the next recurring cycle of the tokens will fail.

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