Binance Will Delist SNGLS & VIA on 2021-08-26
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):
- 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!
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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.