Binance, one of the largest cryptocurrency exchanges in the world, has released a new announcement today. The giant stock market announced that it will delist 10 trading pairs from its platform.
Binance Delists 10 Trading Pairs
Binance, the world’s largest cryptocurrency exchange in terms of market volume, released a new announcement today morning. According to the announcement on Binance’s official website, the leading cryptocurrency exchange announced that it will delist 10 trading pairs as of January 21 at 06:00 in the morning.
According to the information in the announcement, the platform will delist DGB/BNB, IOST/BNB, NEBL/ETH, NMR/BNB, PIVX/ETH, REP/ETH, RVN/BNB, SC/BNB, STMX/BNB, SUSHI/BIDR trading pairs.
The full announcement on the official website of the popular cryptocurrency exchange Binance is as follows;
“Binance will remove and stop trading on the following trading pairs at 2022-01-21 03:00 AM (UTC): DGB/BNB, IOST/BNB, NEBL/ETH, NMR/BNB, PIVX/ETH, REP/ETH, RVN /BNB, SC/BNB, STMX/BNB, SUSHI/BIDR
Please note: Users can still trade the above assets on other trading pairs available on Binance.
Risk warning: Cryptocurrency trading is subject to high market risk. Please do your transactions carefully. You are advised that Binance is not responsible for your trading losses.
Thanks for your support!
Binance Team”
Why Is It Delisted?
Leading crypto exchange Binance also stated in its statements that such delist transactions were taken to protect investors and users. In addition, Binance stated that they took various factors into account when making these reviews and listed these factors as follows:
The team’s commitment to the project
Level and quality of development activity
Trading volume and liquidity
Network stability and security against attacks
Network / smart contract stability
Public communication level
Respond to our periodic due diligence requests
Evidence of unethical/dishonest behavior or negligence
Whether it contributes to a healthy and sustainable crypto ecosystem.
