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Binance Plans To Delist BTS, PERL, TORN, and WTC on December 7

Published 11/27/2023, 06:45 PM
Updated 11/27/2023, 07:15 PM
Binance Plans To Delist BTS, PERL, TORN, and WTC on December 7

  • Binance announced it would delist BTS, PERL, TORN, and WTC on December 7.

  • Binance regularly delists tokens that no longer meet required standards or are affected by industry changes.

  • The trading pairs to be delisted include BTS/USDT, PERL/USDT, TORN/BUSD, WTC/BTC, and WTC/USDT.

Binance, the largest cryptocurrency exchange by trading volume, announced it would delist four digital assets, BTS, PERL, TORN, and WTC, from its platform on Thursday, December 7, 2023. In a blog post, the top crypto exchange noted that the delisting exercise is part of its regular review process to check that tokens listed on the platform continue to meet required standards.

According to Binance, when a coin or token no longer meets the required standard or the industry changes, it conducts an in-depth review which may result in delisting to protect users. Binance said that it considers several factors to determine if the listed digital assets would remain listed or be removed from its trading platform.

The factors considered by Binance include the commitment of a team towards its project, the level and quality of development activity around the coin or token, the digital asset’s…

The post Binance Plans To Delist BTS, PERL, TORN, and WTC on December 7 appeared first on Coin Edition.

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