Attention! Binance Delists These 5 Altcoins From Futures: Including Controversial Coins!

world’s largest cryptocurrency exchange Binance announced in its statement that it will delist various altcoin margin pairs from its exchange.

The altcoins that will be affected by the latest delist news of the stock market are: BinaryX (BNX), DREP, League of Kingdoms (LOKA), MobileCoin (MOB), Tornado Cash (TORN)

Binance Will Implement Its Decision For These Altcoins On Dec. 22

Binance stated in its announcement that the following trading pairs will be delisted:

Cross Margin Pairs: BNX/BTC, BNX/BUSD, BNX/USDT, DREP/BUSD, DREP/USDT, LOKA/BUSD, LOKA/USDT, MOB/BUSD, MOB/USDT

Isolated Margin Pairs: TORN/BTC, TORN/BUSD, TORN/USDT

The pairs in question will be released from the stock market on December 22, 2022 at 06:00 Turkish time.

#Binance Margin will delist $BNX, $TORN and more Margin Pairs on Cross & Isolated Margin.https://t.co/dM7u6wx7yG

— Binance (@binance) December 8, 2022

BNX, which is among these altcoins, has been the subject of controversy recently. The cryptocurrency lost more than half of its value overnight after its developers allegedly sold it. After the news of Delist, blood loss continued in the coin. At the time of this writing, the BNX price has lost 7% in the last 24 hours.

However, negative graphs are also seen in the price of other affected altcoins. DREP has tumbled 5.37% in the last 24 days.

League of Kingdoms (LOKA), which was already in a downward trend, continued to decline after the development.

MobileCoin (MOB), one of the largest cryptocurrencies delisted, was another coin that experienced a sudden decline after the development.

*Not investment advice.