Alarm Bells May Be Ringing for 5 Altcoins Listed on Binance Following Latest Delist News

OKX’s privacy focus cryptocurrencies Following the decision to delist almost all of them, attention turned to privacy coins, which continue to be traded on Binance, the world’s largest cryptocurrency exchange. The future of these coins on Binance has become a matter of concern.

Right now, XMR, ZEN, ZEC Privacy coins like and others have trading pairs on Binance and are primarily traded on that platform. The question of whether Binance will follow in OKX’s footsteps and delist these privacy tokens is causing unrest among investors and traders.

Experts are warning that delisting news could be coming soon after Binance CEO Changpeng Zhao resigned and the company began trying to build better relations with regulators and became the focus of authorities, especially in the US and European regions, due to concerns about money laundering and terrorism financing. .

Recently, OKX, the world’s second largest offshore cryptocurrency exchange, announced that it will delist almost all privacy tokens and suspend deposits of certain tokens starting December 27. Among the affected tokens: FSN, ZKS, CAPO, CVP, XMR, DASH, ZEC And ZEN It was located. In addition to suspending deposits, OKX also decided to delist the trading pairs of these tokens.

Currently on Binance CVP, XMR, DASH, ZEC And ZEN is being traded.

*This is not investment advice.

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