😲Why $BAKE is Removed From Binance 😲
Important Message for all Binance users 😲
🥶Binance recently announced it will delist BakerySwap's $BAKE token and cease all spot trading pairs for it. This decision is part of Binance's periodic review process to ensure listed assets continue to meet their high standards. 🥶
😶🌫️While Binance doesn't always provide a single, specific reason, their delisting policy considers several key factors: 🫥
Commitment of the project team:
🙂↕️ The level and quality of a project's development activity.
Trading volume and liquidity: A significant decrease in these can be a red flag.
Network stability and security.
Community engagement and transparency.
Evidence of unethical conduct or negligence.
Incompatibility with Binance's long-term vision.
BakerySwap, along with other tokens, had previously been placed under a "Monitoring Tag" by Binance, which serves as a warning that the token is under close scrutiny and may be delisted if it doesn't improve.
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