Binance's announcement provided insight into the factors that contribute to the decision to delist a digital asset. The commitment of the project's team, the level and quality of ongoing development activity, and the trading volume and liquidity of the asset all play a role. Additionally, the stability and safety of the network from potential attacks, as well as the stability of the network or smart contracts, are crucial considerations.
New regulatory requirements and the asset's contribution to a healthy and sustainable crypto ecosystem are other factors that Binance takes into account when determining whether to delist a digital asset.
The specific trading pairs being removed are: OMG/USDT, WAVES/BTC, WAVES/ETH, WAVES/TRY, WAVES/USDT, WNXM/USDT, and XEM/USDT.
All of these tokens have experienced price declines today (which is expected of course), with drops ranging from 2% for WNXM to 7-10% for other tokens. As the delisting date of June 17th approaches, these prices may face further downward pressure due to reduced liquidity and trading op.
Collection
[
|
...
]