Coin

<ul class="news-points"> 
 <li>Binance announced it would delist BTS, PERL, TORN, and WTC on December 7.</li> 
 <li>Binance regularly delists tokens that no longer meet required standards or are affected by industry changes.</li> 
 <li>The trading pairs to be delisted include BTS/USDT, PERL/USDT, TORN/BUSD, WTC/BTC, and WTC/USDT.</li> 
</ul> 
Binance, the largest cryptocurrency exchange by trading volume, announced it would delist four digital assets, BTS, PERL, TORN, and WTC, from its platform on Thursday, December 7, 2023. In a <a href="https://www.binance.com/en/support/announcement/binance-will-delist-bts-perl-torn-wtc-on-2023-12-07-d24dd4a035c443b1ad8cf49f60b9d194" target="_blank" rel="nofollow">blog post</a>, the top crypto exchange noted that the delisting exercise is part of its regular review process to check that tokens listed on the platform continue to meet required standards. 
According to Binance, when a coin or token no longer meets the required standard or the industry changes, it conducts an in-depth review which may result in delisting to protect users. Binance said that it considers several factors to determine if the listed digital assets would remain listed or be removed from its trading platform. 
The announcement noted that the factors considered by Binance before delisting crypto assets include the commitment of a team towards its project, the level and quality of developme…
The post <a href="https://coinedition.com/bts-perl-and-torn-crash-after-binance-delisting-announcement/">BTS, PERL, and TORN Crash After Binance Delisting Announcement</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

BTS, PERL, and TORN Crash After Binance Delisting Announcement

Coin Edition

Other articles published on Nov 27, 2023

Tether gives FBI peek behind the curtain

Cybersecurity Breach Surges To $168M Losses In Just 7 Days: Report

Will the Decline in Bitcoin Soon Come to an End? Potential Scenarios and Technical Indicators!

Binance Exchange Sees $1.7 Billion Outflow Since CZ’s Resignation. Where Are Investors Putting Th...

Pitfalls of Bitcoin’s Proof-of-Work: R&D Arms Race and Mining Centralization

AI Security 2024 – Experts Predict Game-Changing Trends

Join our free newsletter for daily crypto updates!