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Major crypto exchange Binance has announced its decision to delist four cryptocurrencies in the latest cleanup of its platform. The move, according to Binance, was based on its most recent reviews.
Binance says it has decided to delist and cease trading on all spot trading pairs for four crypto tokens on July 10 at 03:00 (UTC). The tokens affected are Alchemix (ALCX), Ardor (ARDR), NFPrompt Token (NFP) and Marlin (POND).
Owing to the delisting action, deposits of the said tokens will not be credited to users' accounts after July 11 at 03:00 (UTC). Withdrawals of the tokens from Binance will not be supported after September 9 at 03:00 (UTC). Delisted tokens may be converted into stablecoins on behalf of users after September 10 at 03:00 (UTC).
Other dates in focus
Binance indicated that its Futures platform will close all positions and conduct an automatic settlement on the contracts of the four crypto assets Alchemix (ALCX), Ardor (ARDR), NFPrompt Token (NFP), and Marlin (POND) on July 2 at 09:00 (UTC).
Binance Buy & Sell Crypto will perform the delisting of the above tokens and all associated pairs on June 29 at 03:00 (UTC).
Users will not be allowed to open new positions for the contracts of the said tokens beginning from July 2 at 08:30 (UTC). Binance Simple Earn will delist the tokens mentioned after July 3 at 07:00 (UTC).
Binance Dual Investment will cease support for the tokens and users will not be able to subscribe, starting from the following Friday at 08:00 (UTC).
Binance Convert will subsequently delist the aforementioned token(s) and all associated pairs on July 10 at 02:00 (UTC). Binance Pay will delist the aforementioned tokens on July 2 at 03:00 (UTC). Binance Pool will cease support for mining the tokens on July 2 at 03:00 (UTC).
U.Today Editorial Team
Dan Burgin
