Binance Delisting Announcement for OMG, WAVES, WNXM, and XEM

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by Giorgi Kostiuk

2 years ago

Made with AI

Binance, the leading cryptocurrency exchange in terms of transaction volume, has declared the delisting of OmiseGO (OMG), Waves (WAVES), Wrapped NXM (WNXM), and NEM (XEM) effective June 17, 2024. This strategic decision is part of Binance's routine evaluation process aimed at ensuring that all listed assets align with the platform's stringent criteria and the evolving demands of the industry. The delisting criteria include assessing the project team's dedication, ongoing development activities, market liquidity, network security, transparency in communication, compliance with regulatory standards, and the overall health of the crypto ecosystem. The delisting will affect trading pairs such as OMG/USDT, WAVES/BTC, WAVES/ETH, WAVES/TRY, WAVES/USDT, and WNXM/USDT. Tokens delisted post-September 18, 2024, may potentially be converted into stablecoins on behalf of users, although this conversion is not assured. It's essential to note that this information does not constitute investment advice.

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