Binance Will Delist SNGLS & VIA on 2021-08-26

2021-08-19 09:05

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 2021-08-26 10:00 (UTC):

Please note:

The exact trading pairs being removed are: SNGLS/BTC and VIA/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.
Withdrawals of these coins and tokens from Binance will continue to be supported until 2021-11-26 at 00:00 (UTC).
Deposits of these tokens after 2021-11-26 00:00 UTC will not be credited to your account.
Please note that if you hold the above tokens as of 2021-11-26 00:00 UTC, Binance will replace them with an equivalent amount of BUSD based on the previous 7-day average closing price (2021-11-25 23:59:59 UTC) as shown on CoinMarketCap. The conversion may take up to two weeks to be processed.

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.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins but will not be responsible for your trading losses.

Thanks for your support!

Binance Team

2021-08-19

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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.