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Binance, the world’s largest cryptocurrency exchange by trading volume, has decided to delist several tokens, including OmiseGo (OMG), Waves (WAVES), Wrapped NXM (WNXM), and NEM (XEM). According to Binance’s official announcement, the exchange will remove all spot and margin trading pairs for these tokens on June 17, 2024.
Binance periodically reviews the digital assets listed on its platform. The exchange verifies certain factors to ensure that tokens meet a high level of standard and industry requirements. These factors include development activity, commitment, trading volume and liquidity, regulatory adherence, and public communication. Binance added:
“When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is…
The post Binance Token Delistings Signal Shift in Crypto Exchange Standards appeared first on Coin Edition.
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