Binance has just announced that it will delist several digital assets to ensure that listed assets meet the platform’s high standards.
Binance has announced plans to delist certain digital assets as part of a regular review process to ensure that listed assets maintain the high standards of the industry.
Delisting of Four Tokens on November 6, 2024
According to the announcement, the delisting will take effect at 6:00 AM on November 6, 2024. The four tokens to be delisted are:
– Rupiah Token (IDRT)
– Keep3rV1 (KP3R)
– Ooki Protocol (OOKI)
– Unifi Protocol DAO (UNFI)
Process and Impact on Users
All trading related to these token pairs will cease at the designated time. Users are advised to withdraw funds or adjust their trading strategies before the delisting date.
Reasons for Delisting
Binance evaluates assets based on several factors, including:
– The development team’s commitment and development activity
– Trading volume and liquidity
– Network stability and security
– Public communication and project transparency
– Compliance with regulatory requirements
– Contribution to the cryptocurrency ecosystem
This decision reflects Binance’s efforts to protect users and maintain market integrity while adapting to industry changes.
Users should check their accounts and ensure they withdraw or reallocate any affected assets before the delisting.
Binance remains committed to providing a safe and user-friendly trading environment, while continuously monitoring changing market conditions.