😱 Binance Delists 15 Coins, Including Bitcoin Gold and Monero

😱 Binance Delists 15 Coins, Including Bitcoin Gold and Monero

The decision will take effect on September 1, 2024. Users holding any of these assets must withdraw them before this date.

➡️ Optimization: The crypto giant wants to remove tokens lacking market potential and, in fact, manipulated by their own creators.

➡️ Regulatory Pressure: It’s better to remove dubious and suspicious assets before they are banned again.

➡️ Complete Token List:

• Bitcoin Gold (BTG)
• Bitcoin Standard Hashrate Token (BTCST)
• Bitshares (BTS)
• District0x (DNT)
• Groestlcoin (GRS)
• Hegic (HEGIC)
• MobileCoin (MOB)
• Monero (XMR)
• Monetha (MTH)
• Multichain (MULTI)
• Navcoin (NAV)
• Sologenic (SOLO)
• Spartan Protocol (SPARTA)
• Symbol (XYM)
• Tribe (TRIBE)

➡️ What Will Happen to the Remaining Assets in These Cryptocurrencies? Binance plans to convert them to USDC, a stablecoin pegged to the U.S. dollar. The conversion process will take place between September and March. After this, users will receive the equivalent value of their assets in USDC.

➡️ New Opportunities on the Horizon: New trading pairs for emerging cryptocurrencies will be introduced. For example, TON/BTC, TON/USDT, TON/FSUSD, and TON/TRY. Users can now deposit Toncoin for trading, and withdrawals started on August 9 at 10:00 UTC.

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