Aragon

Multichain

Monero

Coin

<ul class="news-points"> 
 <li><strong>Monero (XMR) value plummets by 25% post-Binance delisting news.</strong></li> 
 <li><strong>Binance ends Monero trades and withdrawal support by May 20, 2024.</strong></li> 
 <li><strong>Oversold Monero market hints at price hikes despite ongoing selling pressure.</strong></li> 
</ul> 
<p>Binance has notified its users that it will delist <a href="https://coinedition.com/tag/Monero-XMR/">Monero (XMR)</a>, a cryptocurrency known for providing privacy features. This has caused an uproar in the market, leading to a significant depreciation of Monero’s value, which currently stands at a six-month low.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter is-resized">
  <img decoding="async" src="https://lh7-us.googleusercontent.com/JFIhUUC8vr4VKkB776gwE_B8qLoxdcTLiV_Kmvt194vvDSxEXIJZtaFaIubg4CusTsaIGUzgRJzrL_OYhSEMIX5NpD3A_Zy0lL5eH6s6cXEmHIjZXAZFQlQ5g9kYEQpx5QP69UPkK2eQHY-6MO0xYwg" alt="" style="width: 100%;height:auto">
  <figcaption class="wp-element-caption">
   <em>XMR/USD 24-hour price chart (source: <a href="https://coinstats.app/coins/monero/" target="_blank" rel="nofollow">CoinStats</a>)</em>
  </figcaption>
 </figure>
</div> 
<h2 class="wp-block-heading" id="h-binance-to-remove-monero-trading-pairs"><strong>Binance to Remove Monero Trading Pairs</strong></h2> 
<p>Binance’s <a href="https://www.binance.com/en/support/announcement/binance-will-delist-ant-multi-vai-xmr-on-2024-02-20-f73b083ba6834771b07dbe5319917ae5" target="_blank" rel="nofollow">announcement</a> outlined the delisting of Monero together with other tokens, including Aragon (ANT), Multichain (MULTI), and Vai(VAI). The listings will be removed on February 20, 2024.&nbsp;</p> 
<p>The delisting includes all Monero trading pairs, including those with major cryptocurrencies such as Bitcoin (BTC), Ether(ETH), Tether USDT) and Binance’s BNB coin. This action will automatically cancel all pending trade orders for these pairs after the cessation of trading activities.</p> 
<h2 class="wp-block-heading" id="h-withdrawal-support-and-conversion-concerns"><strong>Withdrawal Support and Conversion Concerns</strong></h2> 
<p>The exchange further stated that delisted token withdrawal support will conc…</p>
<p>The post <a href="https://coinedition.com/privacy-under-attack-binance-delists-monero-price-tanks/">Privacy Under Attack? Binance Delists Monero, Price Tanks</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Privacy Under Attack? Binance Delists Monero, Price Tanks

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