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Binance announced the delisting of five digital assets: Gifto (GFT), IRISnet (IRIS), SelfKey (KEY), OAX (OAX), and Ren (REN).
The removal, scheduled for December 10, 2024, at 03:00 UTC, affects these trading pairs: GFT/USDT, IRIS/USDT, KEY/USDT, OAX/BTC, OAX/USDT, REN/BTC, and REN/USDT. The exchange stated the decision came after a standard review of its products against performance and legal benchmarks.
Binance explained that the delisting reflects its commitment to maintaining the quality of its trading platform. The exchange delists tokens that no longer meet its standards or changing market conditions.
Binance warned that after the delisting, it will cancel all pending orders for these tokens and stop deposits. Withdrawals for the affected tokens will stay open until February 2025, allowing users time to manage their holdings.
The post Delisting Drama: Binance Pulls the Plug On GFT, IRIS, KEY, OAX, REN appeared first on Coin Edition.
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