Binance, a leading cryptocurrency exchange, has decided to delist four tokens: BitShares (BTS), PERL.eco (PERL), Tornado Cash (TORN) and Waltonchain (WTC). This move follows a rigorous review process that took into account factors such as team commitment, development activity, transaction volume and network stability. Here are the details…
Binance delists 4 altcoins
Trading pairs associated with these tokens, including BTS/USDT, PERL/USDT, TORN/BUSD, WTC/BTC and WTC/USDT, are scheduled to cease trading at 06:00 UTC on December 7, 2023. Users are advised to pay attention to certain details regarding the removal of trading orders and the management of assets after delisting. As expected, the delisted tokens saw a huge decline following the announcement.
- Bitshares (BTS): Trading at $0.008, down 23.5 percent.
- PERL.eco (PERL): Trading at $0.011, down 34.5 percent.
- Tornado Cash (TORN): Trading at $2.33, down 33 percent.
- Waltonchain (WTC): Trading at $0.12, down 20 percent.
These significant 24-hour price declines underscore the reasons behind Binance’s decision to delist these tokens.
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