Binance announced that it had removed four altcoins from the platform, which sparked intense interest in the 2021 bull and faded over time.
Crypto exchange Binance announced its Rupee Token (Rupiah Token) on November 6.IDRT) Keep3rV1(KP3R) OK protocol (Stop) and the UniFi protocol DAO’yu (UNFI) will be deleted. Binance, which wants its users to convert their respective assets into cash by the aforementioned date, indicated that it will continue to delete tokens that do not meet standards to protect the user experience.
The following statement was made by the Stock Exchange:
“At Binance, we regularly review every digital asset we list to ensure it meets the highest standards and industry requirements. When a coin or token no longer meets these standards or the industry situation changes, we conduct an in-depth review and possibly delist. Our priority is to provide the best services and protections to our customers while adapting to the changing market dynamics. “
Binance delisted four altcoins.
In an announcement published on its blog page, Binance announced that IDRT, KP3R, OOKI and UNFI have been delisted. The stock market gave the following reasons for delisting.
- Team commitment to the project
- Level and quality of development activities
- Trading volume and liquidity
- Network stability and security against attacks
- Network and smart contract stability
- Level of public communication
- Respond to periodic due diligence requests.
- Immoral actions
- New regulatory requirements.
- Healthy and sustainable ecosystems
Binance announced that delisted crypto-assets cannot be deposited into the exchange after 06:00 (UTC) on November 7th. Additionally, the exchange will not support withdrawal of such assets from the platform after November 6 06:00 (UTC).
This article does not contain investment advice or recommendations. Every investment and trading venture involves risk, and readers should do their own research when making decisions.