Binance Delists Multiple Coins: What\'s Happening? Binance Feed Updates
Stay informed about the latest Binance announcements regarding delistings and platform updates. Recently, Binance has announced changes on its platform, including delisting of selected trading pairs, additions to loan offerings, and support for Lisk contract swap, providing users with important information about their holdings.
Why Does Binance Delist Coins?
Every listed asset on Binance’s platform is periodically examined to ensure that it continues to adhere to the high standards established by the exchange. Binance has announced plans to delist several tokens following a periodic review, but they were found to meet the platform’s standards no longer. Low liquidity and trading volume are often key factors.
Recent Binance Delistings
On Wednesday, September 6, Binance revealed its decision to delist multiple spot trading pairs due to poor liquidity and trading volume. The affected pairs include AUDIO/BUSD, BAT/BUSD, and more. Check the Binance Feed for a full list of delisted pairs.
Binance Spot Pair Delistings and Network Suspensions
Binance will delist three spot pairs and suspend deposits/withdrawals on multiple networks, including Ethereum, ahead of its May 7 hard fork. Keep an eye on official Binance announcements for specific timelines and impacted assets.
What Happens When a Coin is Delisted from Binance?
Hi, when a coin is going to be delisted from Binance; all relevant trading pairs will be removed, all orders will be canceled, deposits will not be credited, and staked coins will be automatically managed. Binance will post delisting announcements for tokens and spot/margin trading pairs to notify users. If you hold the specific token in your Spot or Margin Wallet, you should take immediate action.
Important Considerations for Binance Users
According to a statement released on Wednesday by the cryptocurrency exchange Binance, deposits and withdrawals for a number of tokens connected to the cross-chain protocol Multichain have been affected. Always monitor the Binance announcements and Binance support pages for updates to ensure you are aware of any potential impacts on your portfolio.
Stay vigilant and manage your assets accordingly when Binance delists multiple coins. Following the Binance Feed and official announcements ensures you are informed and prepared.