Crypto exchange Binance has announced that it will delist four altcoin trading pairs on November 6 as part of its efforts to improve market quality. The delisted pairs include Rupiah Token (IDTR), Keep3rV1 (KP3R), Ooki Protocol (OOKI), and Unifi Protocol DAO (UNFI). Once the delisting takes effect, trade orders will be automatically removed and token holders will no longer be able to view the valuation of these tokens in their wallets. Binance has provided a window for token holders to withdraw their assets, with deposits not to be credited after November 7, 2024, and withdrawals not supported after February 6, 2025. The delisted tokens may be automatically converted into stablecoins on February 7, 2025, subject to confirmation and a separate notification from the exchange. Binance advises traders to revise their strategies and cancel or update their automated trades to avoid potential financial losses. While the delisting has not immediately affected the market prices of the tokens, historically, delistings on Binance have led to significant price drops for the affected cryptocurrencies.
- Content Editor ( beincrypto.com )
- 2024-10-23
Binance Announces Delisting for 4 Altcoins: Here’s What You Need to Know