The world’s leading cryptocurrency exchange Binance has released a delist decision for these altcoin projects. According to the statement made by the exchange, it was stated that it will delist 6 trading pairs from the spot market. As Koindeks.com, we transfer the altcoins in the Binance announcement to you.
Binance has decided to delist these altcoins
Cryptocurrency exchange Binance has released an announcement regarding these altcoin projects in its official statement on Tuesday, November 8th. Kusama (KSM) announced that Decentraland (MANA) and Origin Protocol (OGN) will delist their processes in BNB parity. In addition, with these altcoins, the spot processes in Voyager (VGX) BTC and ETH parities will be delisted. Finally, it announced that it will delist EUR parity from spot processes for Zilliqa’s altcoin ZIL.
Additionally, Binance has announced that it will also cease isolated margin borrowing of Voyager’s altcoin project, VGX. However, the exchange will cancel all pending orders after all these processes. It will then completely remove the altcoin’s VGX/BTC trading pair from isolated margin processes.
These process pairs will be removed from spot processes from November 18.
Leading cryptocurrency exchange Binance will also remove KSM/BNB, MANA/BNB, OGN/BNB trading pairs from spot trading. VGX/BTC, VGX/ETH, ZIL/EUR process pairs are also projects that have been removed from spot processes as of November 18. After the process pairs of the specified altcoin projects are removed, investors will be able to continue spot trading in other parities.
Apart from the delists, the stock market has released another announcement. XVS, QI, BICO, YGG, AION, CHESS, DENT and TRU are the projects mentioned in the announcement. Accordingly, these projects will be reinforced by Simple Earn Flexible Products, which offers a value-added service to Binance users with idle cryptocurrencies.
According to CoinGecko data, KSM has dropped 7.8 percent in the last 24 hours with the statements made. Currently, it continues to see the process at $ 32.88. OGN, on the other hand, is trading at $5.39, down 8.4 percent. Decentraland’s altcoin project MANA, on the other hand, fell 5.6 percent. MANA price is currently trading at $0.626839. VGX is trading at $0.3447, down 13.4 percent. Finally, ZIL continues to trade at $0.0301, down 5.4 percent in the last 24 hours.