Dear Users,
Binance periodically reviews all listed digital assets to maintain high-quality standards. When tokens no longer meet listing criteria or undergo significant industry changes, we conduct in-depth project evaluations and may proceed with delisting. This approach ensures optimal protection for our users.
Key Factors Considered for Delisting
During project evaluations, Binance assesses multiple factors before making delisting decisions:
- Team commitment to project development
- Quality and progress of the project
- Trading volume and liquidity
- Network/smart contract stability
- Community engagement
- Responsiveness to Binance’s periodic reviews
- Evidence of unethical/fraudulent activity
- Contribution to blockchain ecosystem growth
Based on these criteria, Binance will delist the following tokens on February 20, 2024, at 11:00 AM (UTC+8):
- Aragon (ANT)
- Multichain (MULTI)
- Vai (VAI)
- Monero (XMR)
Important Notes
Affected Trading Pairs:
- ANT/BTC, ANT/USDT
- MULTI/USDT
- USDT/VAI
- XMR/BNB, XMR/BTC, XMR/ETH, XMR/USDT
Post-Delisting Actions:
- All pending orders will be automatically removed.
- Ensure wallets are not set to "Hide Small Balances" to view remaining tokens.
- Deposits after February 21, 2024, 11:00 AM (UTC+8) will not be credited.
- Withdrawals will remain available until May 20, 2024, 11:00 AM (UTC+8).
Automatic Conversion:
- Delisted tokens may be converted to stablecoins after May 21, 2024, 11:00 AM (UTC+8).
- Conversion rates are not guaranteed.
Product-Specific Deadlines:
- Binance Earn: Delisted on February 19, 2024. Redeem holdings early or they’ll be auto-transferred to Spot Wallets.
- Binance Savings: Plans involving these tokens will fail after February 14, 2024.
- Margin Trading: Positions auto-liquidated by February 16, 2024. Transfer assets to Spot Wallets beforehand.
- Futures: XMR coin-margined contracts will be liquidated and delisted on February 15, 2024.
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FAQ
Q: Why is Binance delisting these tokens?
A: Tokens are delisted based on rigorous reviews of team commitment, project quality, liquidity, and compliance.
Q: Can I still withdraw delisted tokens?
A: Yes, withdrawals remain open until May 20, 2024.
Q: Will Binance convert my holdings automatically?
A: After May 21, 2024, tokens may be converted to stablecoins, but rates are not guaranteed.
Q: How does this affect Binance Earn users?
A: Redeem assets before February 19, 2024, or they’ll be auto-transferred to your Spot Wallet.
Q: Are other Monero (XMR) trading pairs affected?
A: Only XMR coin-margined futures are delisted. XMR/USDT spot trading continues.
Binance remains committed to compliance and ecosystem growth. We appreciate your trust and support.
For the latest updates, refer to the official Binance announcement.
Disclaimer: Cryptocurrency investments involve risks. Please assess your financial situation and consult an advisor before investing.