Binancecontinues to regularly review the altcoins it lists, ensuring they meet high standards and industry requirements. For this purpose, the cryptocurrency exchange de-lists altcoins that do not meet certain criteria or cannot adapt to changes in the industry. As a result of Binance’s latest reviews, on December 25, 2024 at 06:00 CET kaon (ACRO), blouse (BLZ) and WazirXHe announced that he would delist (WRX).
Binance’s Evaluation Criteria
Binance, a altcoinHe emphasized that he took various factors into consideration when determining whether to continue to be listed on his platform. He underlined that the cryptocurrency exchange takes into account the commitments made by the project team, the level and quality of development activities, transaction volume, liquidity, security of the network and its resistance to attacks. It was also stated that factors such as the project’s level of communication with the public, Binance’s response rate to regular review requests, and the presence of unethical or erroneous behavior were also examined.
Binance, regulatory compliance and cryptocurrency He emphasized that he also took into account the issues of contributing to the ecosystem and underlined that as a result of all these comprehensive evaluations, it is aimed to provide a safer and more stable experience to the users of the cryptocurrency exchange.
Reasons and Effects of the Delist Decision
Binance announced the delist decision in its statement to its users. ACRO, BLZ And WRXHe stated that it was taken on the grounds that it did not comply with platform standards. The exchange always considers the security of users and compliance with market dynamics as a priority. No information was shared about whether there were any ethical issues or regulatory violations regarding the listed altcoins.
The decision is considered as part of Binance’s effort to keep market standards high and adapt quickly to changing regulations. Users can close their open positions until the specified date and direct them to alternative exchanges by withdrawing money for altcoins.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
