Important Announcement From Top Crypto Exchange Binance
Binance, a leading cryptocurrency exchange, announced the delisting of six altcoins—PowerPool (CVP), Ellipsis (EPX), ForTube (FOR), Loom Network (LOOM), Reef (REEF), and VGX Token (VGX). This led to sharp price drops for each token.
Starting August 26, 2024, at 03:00 UTC, Binance will halt all spot trading for these tokens and cancel any existing orders.
Deposits for these altcoins will not be accepted after August 27, 2024, but withdrawals will be allowed until November 26, 2024. Binance may later convert these tokens into stablecoins, though this is not guaranteed.
Additionally, Binance will automatically convert 15 previously delisted altcoins into the USDC stablecoin based on user holdings as of September 2, 2024, to provide a stable value.
READ MORE:
SEC Postpones Verdict on Groundbreaking Bitcoin-Ethereum ETFThese altcoins include Bitcoin Gold (BTG), Bitcoin Standard Hashrate Token (BTCST), Bitshares (BTS), District0x (DNT), Groestlcoin (GRS), Hegic (HEGIC), MobileCoin (MOB), Monero (XMR), Monetha (MTH), Multichain (MULTI), Navcoin (NAV), Sologenic (SOLO), Spartan Protocol (SPARTA), Symbol (XYM), and Tribe (TRIBE).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Traders Anticipate Major Price Surge for HYPE Token
In Brief Significant short-term price increase anticipated for HYPE token by crypto market analyst. Analyst predicts a potential 150% rise due to current market conditions. Altcoins may experience volatile fluctuations as four-year crypto cycles end.
Ethereum Whale Stirs Market with Strategic Cryptocurrency Moves
In Brief The Ethereum whale divested $2 million ETH and invested in three different tokens. The whale's strategic moves led to increased market interest and token value growth. Investors observe potential risks and opportunities from the whale's diversification action.
Spot Sui ETF Sparks Immediate Price Surge
In Brief Sui's price briefly increased after 21Shares' ETF application was announced. The SEC's decision on ETF applications is anticipated by November 2025. Growing investor demand is evident with nearly 70 crypto-based ETF reviews ongoing.
US Non-Farm Payrolls Exceed Forecasts; Dollar Gains
Trending news
MoreCrypto prices
More
