Binance Announces It Will Delist 5 Altcoins

Leading cryptocurrency exchange Binance has announced that it will delist Bitcoin Diamond (BCD), Cindicator (CND), Monetha (MTH), Nitro Network (NCASH), and YOYOW (YOYO) altcoins.
 Binance Announces It Will Delist 5 Altcoins
READING NOW Binance Announces It Will Delist 5 Altcoins

Leading cryptocurrency exchange Binance has announced that it will delist Bitcoin Diamond (BCD), Cindicator (CND), Monetha (MTH), Nitro Network (NCASH) and YOYOW (YOYO) altcoins.

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Binance used the following statements in its statement;

“Based on our most recent reviews, we have decided to remove and stop trading on all trading pairs for BCD, CND, MTH, NCASH and YOYO tokens at 12:00 CET on March 8, 2022. ”

https://twitter.com/binance/status/1498508543309524992

Binance announced that 5 altcoins will be removed with the following statements;

“At Binance, we periodically review every coin we list to ensure it continues to meet the high standard we expect. When a coin or token no longer meets this standard or the industry changes, we do a more in-depth review and potentially remove it from the list. We believe this best protects all of our users. We take several factors into account when conducting these reviews. Risk warning: Cryptocurrency trading is subject to high market risk. Please do your transactions carefully. Binance will do its best to select high-quality cryptocurrencies, but will not be liable for your trading losses.”

Binance said the following about the 5 altcoins it will remove;

  • The exact trading pairs removed are: BCD/BTC, CND/BTC, MTH/BTC, NCASH/ETH and YOYO/BTC.
  • All trade orders will be automatically removed after trading stops on each respective trading pair.
  • To view your assets after trading has stopped, please make sure you do not select “Hide small assets” on your Funds page.
  • These tokens will not be credited to your account after 09.03.2022.
  • Withdrawal of these cryptocurrencies and altcoin projects from Binance will continue to be supported until 09.06.2022.

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