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Binance Will Delist QLC, NEBL and AUTO on 2023-04-18

Binance Will Delist QLC, NEBL and AUTO on 2023-04-18

2023-04-11 07:00
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 tokens at 2023-04-18 03:00 (UTC):
  • Kepple (QLC)
  • Neblio (NEBL)
  • Auto (AUTO)
Please note:
  • The exact trading pairs being removed are: QLC/BTC, NEBL/USDT, NEBL/BUSD, NEBL/BTC, AUTO/USDT, AUTO/BUSD, AUTO/BTC.
  • 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 “Hide small assets” in your Funds page.
  • Deposits of these tokens after 2023-04-19 03:00 (UTC) will not be credited to your account.
  • Withdrawals of these tokens from Binance will continue to be supported until 2023-07-18 at 03:00 (UTC).
  • Binance Margin will delist AUTO/USDT, AUTO/BUSD and AUTO/BTC trading pairs from Isolated Margin at 2023-04-17 03:00 (UTC).
    • At 2023-04-12 03:00 (UTC), Binance will suspend AUTO/USDT, AUTO/BUSD and AUTO/BTC isolated margin borrowing.
    • At 2023-04-17 03:00 (UTC), Binance will close users’ positions, conduct an automatic settlement and cancel all pending orders on the AUTO/USDT, AUTO/BUSD and AUTO/BTC isolated margin pairs. If users have any outstanding Isolated Margin loans, any of the delisted assets held in their Isolated Margin accounts may be sold. We will then delist these pairs from Isolated Margin.
    • Please note that users will not be able to update their positions during the delisting process, and they are strongly advised to close their positions and/or transfer their assets from Margin Wallets to Spot Wallets prior to the cessation of margin trading at 2023-04-17 03:00 (UTC). Binance will not be responsible for any potential losses.
  • Binance Simple Earn will delist the tokens mentioned above at 2023-04-18 03:00 (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 users’ Spot Wallets.
    • Binance Simple Earn will also automatically redeem users’ Locked Product positions which contain the above tokens at 2023-04-18 03:00 (UTC). Please note that the accrued APR rewards from Simple Earn Locked Products will not be forfeited due to automatic redemption, where applicable. Users who redeem their Locked Product positions before 2023-04-18 03:00 (UTC) will automatically forfeit their APR rewards.
  • Binance Gift Card will delist the tokens mentioned above at 2023-04-18 03:00 (UTC). Users are suggested to manage their Gift Cards containing these tokens in advance to avoid any inconveniences.
  • Binance Pay will delist the tokens mentioned above at 2023-04-18 03:00 (UTC).
  • Binance will terminate strategy trading services for the aforementioned spot trading pairs at 2023-04-18 03:00 (UTC), where applicable. Users are strongly advised to update and/or cancel their trading strategies prior to the cessation of strategy trading 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
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Note: This announcement was last updated on 2023-04-13 to clarify that Binance Simple Earn will automatically redeem users’ Locked Product positions that contain the delisted tokens at 2023-04-18 03:00 (UTC), and the accrued APR rewards from these Simple Earn Locked Product positions will not be forfeited due to automatic redemption.
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: 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.