Binance, the leading global cryptocurrency exchange, has announced that it will be removing four altcoin trading pairs from its platform. The delisting process will begin on July 22, 2024, at 06:00.
The altcoins that will be delisted are BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS). Binance stated that this decision was made to uphold their commitment to high standards and provide the best services and protections for their users.
Binance regularly reviews each listed digital asset to ensure that they meet industry requirements and high standards. If a coin or token no longer meets these criteria, Binance conducts a more thorough review and may decide to delist that asset. The factors that affect the delisting decisions include the team’s commitment to the project, the 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, response to Binance’s due diligence requests, evidence of unethical/fraudulent conduct or negligence, new regulatory requirements, and contribution to a healthy and sustainable crypto ecosystem.
The trading pairs that will be affected by this delisting are BOND/BTC, BOND/USDT, DOCK/BTC, DOCK/USDT, MDX/USDT, and POLS/USDT.
Important dates to note are that trading for all affected pairs will be stopped at 06:00 on July 22, 2024. Deposits of the delisted tokens made after 06:00 on July 23, 2024, will no longer be credited to users’ accounts. Withdrawals of the delisted tokens will no longer be supported on Binance after 06:00 on October 22, 2024.
Please note that this article does not constitute investment advice. To invest in over 300 cryptocurrencies, you can register with Binance exchange using this link to get a 20% commission discount. For exclusive news, analytics, and on-chain data, follow Binance’s Telegram and Twitter accounts.