Cryptocurrency exchange Binance has made the decision to delist NEM (XEM), OMG Network (OMG), and Waves (WAVES) trading pairs, rendering them unavailable for both spot and margin trading. This move will impact the following trading pairs: WNXM/USDT, XEM/USDT, OMG/USDT, WAVES/BTC, WAVES/ETH, WAVES/TRY, and WAVES/USDT. Following the announcement, XEM saw a decrease of 12.88% in price, while OMG and WAVES experienced drops of 14.51% and 18.17%, respectively, within the last 24 hours. Binance has scheduled the removal of these three cryptocurrencies for June 17, with a halt on deposits starting from June 18. Withdrawals for XEM, OMG, and WAVES will not be possible after Sept. 18. Binance may convert these tokens into stablecoins, although such a conversion is not guaranteed. The exchange regularly evaluates listed cryptocurrencies to ensure compliance with industry standards. Delisting determinations are based on various factors including development activity, team commitment, liquidity, regulatory adherence, network stability, and more. Binance's recent delisting actions are in line with its ongoing review processes.