Bitcoin exchange Binance has made the decision to remove four altcoin trading pairs from its platform. Starting on July 22, 2024, BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS) will be delisted from spot transactions.
Binance’s commitment to upholding high standards and providing top-notch services and protections for its users was emphasized in the announcement. The exchange regularly reviews each listed digital asset to ensure they meet industry requirements and maintain high standards. If a coin or token no longer meets these criteria, Binance conducts a more thorough review and may choose to delist the asset.
Several factors are taken into account when making delisting decisions, including the team’s dedication to the project, the level and quality of development activity, trading volume and liquidity, network stability and security against attacks, network and smart contract stability, level of public communication, responsiveness to Binance’s due diligence requests, evidence of unethical or fraudulent conduct, negligence, new regulatory requirements, and contribution to a healthy and sustainable crypto ecosystem.
The trading pairs that will be affected by the delisting are BOND/BTC, BOND/USDT, DOCK/BTC, DOCK/USDT, MDX/USDT, and POLS/USDT.
Important dates to note are as follows: trading for all affected pairs will cease at 06:00 on July 22, 2024, and all trading orders will be automatically removed. Deposits of the delisted tokens after 06:00 on July 23, 2024, will no longer be credited to users’ accounts. Withdrawals of the delisted tokens after 06:00 on October 22, 2024, will no longer be supported on Binance.
Please note that this information is not investment advice. If you’re interested in investing in over 300 cryptocurrencies, you can register with Binance exchange using this link for a 20% commission discount. For exclusive news, analytics, and on-chain data, make sure to follow Binance’s Telegram and Twitter accounts.
