As Cripto Moedas
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Bearish
Binance announces delisting of 4 cryptocurrencies and prices plummet
Binance has announced the delisting of four cryptocurrencies from its trading platform. According to the cryptocurrency exchange's announcement, released this Monday (17), the tokens AirDAO (AMB), CLV (CLV), StormX (STMX) and VITE (VITE) will have all their trading terminated on February 24, 2025, at 03:00 UTC (midnight, Brasília time).
As reported by Binance, the decision to delist cryptocurrencies follows a periodic review process. The objective is to ensure that the listed assets meet the exchange's standards.
Reasons for delisting cryptocurrencies
Binance reported in the statement that it evaluates several criteria before deciding to delist a digital asset. Among other things, the exchange analyzes:
Team commitment to the project;
Development quality;
Trading volume and liquidity;
Network security;
Public reporting and transparency levels
Regulatory requirements.
Timelines and impacts for users
The delisted trading pairs include AMB/USDT, CLV/BTC, CLV/USDT, STMX/TRY, STMX/USDT, and VITE/USDT. Binance has stated that it will automatically close all trading orders upon closure.
Deposits: After February 25, 2025, 03:00 UTC, deposits of the delisted tokens will no longer be credited.
Withdrawals: Will be allowed until April 24, 2025, 03:00 UTC.
Conversion: Tokens can be converted to stablecoins after April 25, 2025, but automatic conversion is not guaranteed.
Finally, Binance recommends that users adjust their positions and make any necessary conversions before the cutoff dates to avoid losses. The exchange said it will continue to monitor the market to ensure a safe and sustainable environment for cryptocurrency trading.
$CLV $STMX $VITE
Binance has announced the delisting of four cryptocurrencies from its trading platform. According to the cryptocurrency exchange's announcement, released this Monday (17), the tokens AirDAO (AMB), CLV (CLV), StormX (STMX) and VITE (VITE) will have all their trading terminated on February 24, 2025, at 03:00 UTC (midnight, Brasília time).
As reported by Binance, the decision to delist cryptocurrencies follows a periodic review process. The objective is to ensure that the listed assets meet the exchange's standards.
Reasons for delisting cryptocurrencies
Binance reported in the statement that it evaluates several criteria before deciding to delist a digital asset. Among other things, the exchange analyzes:
Team commitment to the project;
Development quality;
Trading volume and liquidity;
Network security;
Public reporting and transparency levels
Regulatory requirements.
Timelines and impacts for users
The delisted trading pairs include AMB/USDT, CLV/BTC, CLV/USDT, STMX/TRY, STMX/USDT, and VITE/USDT. Binance has stated that it will automatically close all trading orders upon closure.
Deposits: After February 25, 2025, 03:00 UTC, deposits of the delisted tokens will no longer be credited.
Withdrawals: Will be allowed until April 24, 2025, 03:00 UTC.
Conversion: Tokens can be converted to stablecoins after April 25, 2025, but automatic conversion is not guaranteed.
Finally, Binance recommends that users adjust their positions and make any necessary conversions before the cutoff dates to avoid losses. The exchange said it will continue to monitor the market to ensure a safe and sustainable environment for cryptocurrency trading.
$CLV $STMX $VITE
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