Last Minute: Binance Delists 3 Altcoins!

Binance, one of the largest cryptocurrency exchanges, announced that it will delist 3 altcoin projects. Explaining the reason for delisting these altcoins, the exchange will end its support for OST (OST), Ripio Credit Network (RCN) and WePower (WPR) on July 16 at 13:00.

Delist decision for 3 altcoins from Binance

Binance announced today that it will remove OST (OST), Ripio Credit Network (RCN), and WePower (WPR) from the exchange. Users will not be able to trade these altcoins as of July 16, 2021 at 13:00.

Cryptocurrency trading platform can delist cryptocurrencies when it thinks that the altcoins they list do not meet the standard they expect. In the middle of the delisting criteria of the exchange, there are issues such as the group’s project commitment, the level and quality of development activity, process volume and liquidity, the stability and security of the network against attacks, network/smart contract stability, level of connection with the public, ethical concerns, and contribution to the ecosystem.

Continuing its delist and listing processes, Binance Cryptocoin. com, as we reported this morning, it added CAKE/BRL, DOT/AUD, GRT/TRY and ICP/RUB pairs to the stock market.

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