Binance Set to Delist Four Altcoins on July 22
08.07.2024 12:30 1min. read Alexander Stefanov
Top cryptocurrency exchange Binance has announced it will stop supporting four altcoins, which led to a significant price drop in their market prices.
The four altcoins, that will be delisted on the 22nd of July (03:00 UTC), are: BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastar (POLS).
Following the announcement, DOCK fell nearly 30%, MDX dropped by 23.65%, and BOND and POLS both saw losses exceeding 17%. This delisting is part of Binance’s regular review process, which sometimes involves adding tokens to a monitoring tag before removal.
Trading pairs like BOND/BTC, BOND/USDT, DOCK/BTC, DOCK/USDT, MDX/USDT, and POLS/USDT will be halted, and all existing trade orders will be automatically removed post-delisting.
Additionally, Binance is updating various services to phase out these altcoins entirely, including removing them from Binance Simple Earn and Auto-Invest, ending margin trading for these tokens, and delisting them from Binance Convert and Binance Pay according to scheduled dates.
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