This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
At Binance, we periodically review each digital asset we list to ensure that it continues to meet the high level of standard we expect. When a coin or token no longer meets this standard, or the industry changes, we conduct a more in-depth review and potentially delist it. We believe this best protects all our users.
When we conduct these reviews, we consider a variety of factors. Here are some that drive whether we decide to delist a digital asset:
Commitment of team to project
Level and quality of development activity
Trading volume and liquidity
Stability and safety of network from attacks
Network / smart contract stability
Level of public communication
Responsiveness to our periodic due diligence requests
Evidence of unethical/fraudulent conduct or negligence
Contribution to a healthy and sustainable crypto ecosystem
Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following token(s) at 2023-12-07 03:00 (UTC):
Please note:
The exact trading pairs being removed are: BTS/USDT, PERL/USDT, TORN/BUSD, WTC/BTC, WTC/USDT.
All trade orders will be automatically removed after trading ceases in each respective trading pair.
To view your assets after trading ceases, please ensure you have not selected âHide Small Balancesâ in all of your wallets.
Deposits of these token(s) after 2023-12-08 03:00 (UTC) will not be credited to your account.Â
Withdrawals of these token(s) from Binance will not be supported after 2024-03-07 03:00 (UTC).
Delisted tokens may be converted into stablecoins on behalf of users after 2024-03-07 03:00 (UTC). Please note that the conversion of delisted tokens into stablecoins is not guaranteed. A separate notification will be made before the conversion where applicable, and the stablecoins will be credited to usersâ Binance accounts after the conversion.Â
Binance Simple Earn will delist the token(s) mentioned above after 2023-12-05 06:00 (UTC). Users may choose to redeem their Flexible Product positions beforehand. Otherwise, these Flexible Product positions will be automatically redeemed at the above-mentioned time, and subsequently transferred to usersâ Spot Wallets.Â
At 2023-12-04 03:00 (UTC), Binance Loans (Flexible and Stable Rates) and VIP Loan will close all outstanding loan positions for the aforementioned token(s). Users are strongly advised to repay their outstanding loans before 2023-12-04 03:00 (UTC) to avoid any potential losses, where applicable.
Binance Gift Card will delist the token(s) mentioned above at 2023-12-07 03:00 (UTC). Users are encouraged to manage Gift Cards containing these token(s) in advance to avoid any inconveniences.
Binance Pay will delist the aforementioned token(s) at 2023-12-07 03:00 (UTC).
Binance will terminate Trading Bots services for the aforementioned spot trading pairs at 2023-12-07 03:00 (UTC), where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.
Thanks for your support!
Binance Team
2023-11-27
Trade on-the-go with Binanceâs crypto trading app (iOS/Android)
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.