BinanceBitShares (BTS), PERL.eco (PERL), Tornado Cash (TORN) and Waltonchain (WTC) will be delisted. announced.
At Binance, we periodically review each digital asset we list to ensure it continues to meet the high level of standards we expect. When a coin or token no longer meets this standard or the industry changes, we take a deeper look and potentially delist. We believe this provides the best protection for all our users.
NEWS CONTINUES BELOW
#Binance will delist the following tokens on December 07, 2023.
NEWS CONTINUES BELOWFull details here ⬇️https://t.co/0a1a1Zu8oS
— Binance (@binance) November 27, 2023
NEWS CONTINUES BELOW
Binance’s delisting move appears to be the result of a number of factors, including reduced development activity, low trading volume and liquidity, evidence of unethical/fraudulent conduct or negligence, and others.
Delisted WTC lost 35%, TORN 40% and PERL 45% in the last 24 hours.
Last week, Binance announced that it had delisted ten spot trading pairs, including APT/BUSD, AXS/BUSD, FIL/BUSD, and USTC/BUSD. The exchange did not specify the reason for the change, only stating that it regularly reviews trading pairs and removed some due to “poor liquidity and trading volume.”