Binance, the world's largest cryptocurrency exchange, announced that it will remove four digital tokens from its platform. These tokens include Alpaca Finance (ALPACA), PlayDapp (PDA), Wing Finance (WING), and Viberate (VIB).

The tokens PDA, WING, and VIB experienced a noticeable decline in value immediately following the announcement of their removal. However, ALPACA defied this trend, recording an increase in value despite the impending removal from the platform.

Details of the removal and its timelines

According to the official announcement, the removal decision will take effect on May 2 at 03:00 AM GMT. Starting from May 3, users will not be able to deposit these tokens on the Binance platform.

Additionally, the possibility of withdrawing these tokens will be halted after July 4. Finally, all open positions related to these tokens on Binance Futures will be closed on April 30.

This decision comes as part of Binance's periodic review process, which assesses digital tokens based on several factors such as trading volume, liquidity, project team activity, compliance with regulatory requirements, and more. The platform stated that these tokens no longer meet the required standards, prompting the decision to remove them. The cryptocurrencies with a future are. $BTC $ETH $XRP #NODEBinanceTGE