Binancemade a series of delist announcements this week. The exchange announced these decisions, stating that it reserves the right to delist any asset in order to provide the best user experience. In particular, tokens that do not meet the threshold in transaction volumes are delisted.
Leading exchange Binance has announced that it will remove and halt trading of various trading pairs, including ANC/BNB, ANC/BTC, ANC/USDT, MIR/BTC, MIR/USDT, TORN/BTC, TORN/USDT, and YFII/BTC. This removal will take place on December 27.
Investors can continue to trade for the same tokens using different trading pairs. Users should close their transactions before the said date in order not to be harmed by these delists.
Binance Margin continued its delist frenzy on Thursday, removing FET, FORTH, KEY, MBOX, and WIN from its list of cross-margin borrowable assets. AION and BTS were not listed for the isolated margin feature.
Cross-margin pairs to stop trading on Binance FET/BTC, FET/BUSD, FET/USDT, FORTH/BUSD, FORTH/USDT, KEY/USDT, MBOX/BTC, MBOX/BUSD, MBOX/USDT, WIN/BUSD, WIN/ USDT. Isolated margin pairs are AION/BTC, AION/USDT, BTS/BTC and BTS/USDT.
All portfolio margin users have been requested to transfer the affected assets from the margin wallet to the spot wallet and, if necessary, complete their margin balance before 0:00 GMT on January 5, 2023.
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.