binance coin delisting

Bytecoin has seen a decline by nearly 22% since the announcement, trading at $0.017. Now, the CEO of Binance, Changpeng Zhao, has hinted that it may start delisting low-volume coins. Binance is one of the world’s most reputed cryptocurrency exchanges. Please make your trades cautiously. A leveraged BNB token, which on Binance was called BNBBEAR and BNBBULL, multiplies the returns by three times. ChatCoin has declined with 30% since the delisting announcement, trading at $0.016 per coin. Even with pop-ups warning users each time, people still don’t read it.” Binance Delists Leveraged Tokens The five affected coins are as follows. TL;DR: Recently, Changpeng Zhao (CZ), CEO of Binance, explained the cryptocurrency exchange’s decision to delist popular leveraged tokens (LT) is due to finding “many users don’t understand them. In fact, launching coins up for trade on the exchange has created the so-called “Binance Effect.” In short, when a cryptocurrency is selected and launched for trading on the platform, its price usually undergoes a substantial surge. Binance market pairs with CHAT accounted for $4.9 million of the $7.54 million trading volume of the coin for the past 24 hours. If the price of Binance Coin rises from $12 to $13.2, it increased by 10 percent and the investor would net a 10 percent return. Binance CEO Changpeng Zhao said that Binance will be delisting leveraged crypto tokens because many users still do not fully understand the tokens. ... Binance CEO, Changpeng Zhao, retweeted an activist tweet from Bitcoin Magazine with a startling message (image below). lasvegas83 16th Feb 2019 Dear Cloak Community, The news on Friday about Cloak being delisted from Binance has emotionally shocked me. At Binance, we periodically review each digital asset we list to ensure that it continues to meet the high level of standard we expect. They are not designed for long term holding. High performance, Easy to use. Binance delisting coins List. In fact, launching coins up for trade on the exchange has created the so-called “Binance Effect.” In short, when a cryptocurrency is selected and launched for trading on the platform, its price usually undergoes a substantial surge. Get start with Binance™ No Withdrawals of these coins and tokens from Binance will continue to be supported until 2021-05-10 at 10:00 AM (UTC). Binance has announced that it will be delisting five digital assets in the next few days. CloakCoin (CLOAK) Modum (MOD) SALT (SALT) Substratum (SUB) Wings (WINGS) Reasons For Delisting Binance constantly reviews each digital asset on … Now, the CEO of Binance, Changpeng Zhao, has hinted that it may start delisting low-volume coins. Binance has become center of fraud and modern theft. Coin Delisting: What to do when an exchange delists your asset. Binance is a reputable player in the crypto scene. As CloakCoin’s project manager this is an even harder hit for me because I very strongly identify myself with the project. CloakCoin responds to Binance delisting. Binance USD (BUSD) is a 1:1 USD-backed stable coin issued by Binance (in partnership with Paxos), Approved and regulated by the New York State Department of Financial Services (NYDFS) Kindly Note: Crypto trading is subject to high market risk. Please note that if you have still not withdrawn your BCPT, CMT, TNB or VIBE tokens from Binance by 2021-05-10 at 10:00 AM (UTC), your tokens will be replaced with … We believe this best protects all of our users. I want my $530 back 😡😡😡😡😡 — Takeshi Katsuro (@takeshikatsuro) March 28, 2020. Binance announced on Friday that they would be delisting five altcoins WINGS, SUB, SALT, CLOAK, and MOD. For example, the native cryptocurrency of Binance is called Binance Coin (BNB). All trading activities of the coins will cease on the 22nd of this month at 10 am (UTC). When a coin or token no longer meets this standard, or the industry changes, we conduct a more in-depth review and potentially delist it.

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