This is a general announcement and the products and services involved may not be available in your area.
Dear user:
Binance will regularly review listed digital assets to ensure a high level of currency quality. When a token no longer meets the listing standards or there are major changes in the industry environment, we will conduct an in-depth project review and may delist it. Binance has always attached great importance to user experience and constantly adapts to changes in the market environment, always focusing on protecting users to the greatest extent.
When conducting project reviews, we will comprehensively consider various factors and make prudent delisting decisions. Here are some factors to consider when delisting a token:
Team commitment to the project
The level and quality of project advancement
Trading volume and liquidity
Network/Smart Contract Stability
Community maintenance
Respond proactively to Binance’s regular reviews
Unethical/fraudulent conduct
New regulatory requirements
Contribution to the construction of the entire blockchain ecosystem
Based on the above factors, we decided to stop trading and delist the following currencies at 11:00 on February 20, 2024 (East Eighth District time):
Aragon（ANT）
Multichain（MULTI）
Go Go)
Monero（XMR）
Notice:
Trading pairs to be removed: ANT/BTC, ANT/USDT, MULTI/USDT, USDT/VAI, XMR/BNB, XMR/BTC, XMR/ETH, XMR/USDT;
After trading is stopped, all pending orders will be automatically canceled;
After stopping trading, please do not check [Hide Small Assets] to view the balance of the above currencies;
After 11:00 on February 21, 2024 (Eastern Eighth District time), the above tokens recharged will not be credited to the Binance wallet;
The withdrawal business of the above tokens will stop at 11:00 on May 20, 2024 (East Eighth District time);
The platform may exchange the delisted tokens for stablecoins for future users at 11:00 on May 21, 2024 (Eastern Eighth District time). Please note: The exchange rate of delisted tokens into stablecoins cannot be guaranteed. Further notification will be announced before the exchange starts (if applicable), and the stablecoins will be credited to the user's Binance account after the exchange;
Binance Earn Money will delist the above currencies at 11:00 on February 19, 2024 (Eastern Eighth District time). Users can choose to redeem the above currencies from currency-earning current products in advance. Otherwise, these currency-earning current positions will be automatically redeemed at the above time and subsequently transferred to the user's spot wallet;
Binance Fixed Investment will delist the above currencies at 11:00 on February 14, 2024 (Eastern Eighth District time). Users can choose to remove plans early. Otherwise, the next purchase cycle of the corresponding currency will not be executed;
Binance pledged borrowing (current interest rate and fixed interest rate) and VIP borrowing will be automatically carried out on the positions of the above currencies (as loan currencies or mortgage currencies) at 11:00 on February 18, 2024 (Eastern Eighth District time) Closing and liquidating positions. Users are strongly recommended to repay the outstanding borrowed currency before 11:00 on February 18, 2024 (East Eighth District time) to avoid potential losses;
Binance Margin will remove ANT, MULTI, and XMR cross margin and isolated margin trading pairs at 14:00 on February 16, 2024 (Eastern Eighth District time). The Binance margin trading platform will suspend the isolated margin lending business of the above currency pairs at 18:00 on February 8, 2024 (Eastern Eighth District time). The Binance margin trading platform will automatically close and liquidate the full margin and isolated margin positions of the above currency pairs at 14:00 on February 16, 2024 (Eastern Eighth District time), and cancel all pending orders of users on the above trading pairs. . Thereafter, the above trading pairs will be removed from the leverage platform. During the delisting process, users will not be able to update their positions. It is strongly recommended that users close their positions and/or remove their assets from their margin wallet before the above trading pairs stop margin trading, that is, before 14:00 on February 16, 2024 (East Eighth District time) By transferring to a spot wallet, Binance will not be responsible for any potential losses;
Users of Binance unified accounts are recommended to transfer the above tokens from the margin account to the spot account and replenish the margin balance before 14:00 on February 16, 2024 (Eastern Eighth District time). Users should closely monitor the maintenance margin rate (Uni-MMR) of Uni-accounts to avoid any potential liquidations that may result from margin wallets no longer supporting the above tokens;
Starting from 14:00 on February 16, 2024 (East Eight District time), users who enable the unified account mode will automatically convert their ANT, MULTI, and XMR balances in their cross-margin wallets into USDT. The redemption process takes approximately 24 hours or more. Binance will not be responsible for any losses that may arise from new positions established by users during the asset exchange process. See this FAQ for more information;
Binance Futures will automatically liquidate the XMR currency-margined perpetual contract at 17:00 on February 15, 2024 (Eastern Eighth District time), and will delist the XMR currency-margined perpetual contract trading pair after the liquidation is completed. After 16:30 on February 15, 2024 (Eastern Eighth District time), users will not be able to add new positions in the XMR currency-margined perpetual contract. In order to protect the rights and interests of users and reduce potential risks under extreme market conditions, Binance Futures may take additional protective measures for the XMR currency-based perpetual contract without further announcement. Potential protection measures include but are not limited to adjusting leverage and margin (including the maximum leverage multiple at each level, position limits, and maintenance margin rates), adjusting funding rates (including base interest rates, premium indexes, and rate caps), and changing price index components. Or use the "latest transaction price protection mechanism" to update the mark price. Please note that XMR and ANT U-margined perpetual contract transactions are not affected;
The Binance flash exchange trading platform will delist the above tokens and all related trading pairs at 11:00 on February 16, 2024 (Eastern Eighth District time);
Binance Gift Card will delist the above currencies at 11:00 on February 20, 2024 (Eastern Eighth District time). Users are advised to manage gift cards for the above tokens in advance to avoid any inconvenience;
Binance Payment will delist the above currencies at 11:00 on February 18, 2024 (Eastern Eighth District time);
Binance will terminate the trading robot service for the above spot trading pairs where applicable at 11:00 on February 20, 2024 (Eastern Eighth District time). Users are strongly recommended to update and/or cancel the trading robot before the above trading robot services are stopped to avoid any potential losses;
There may be differences between the original English announcement and the translated version. In the event of any discrepancies, please refer to the original English version for the latest or most accurate information.
Thank you for your long-term support and love for Binance. We will continue to build the blockchain ecosystem in an open, transparent, and sustainable way.
Thank you for your support of Binance!
Binance Team
February 06, 2024
Note: This announcement was updated on February 7, 2024, to add relevant explanations.