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Binance has announced the removal of 14 cryptocurrencies from its platform in one swift move, leaving traders and investors reeling.
The affected tokens include Abt (ABT), Prosper (PROS), Status (SNT), TROY (TROY), UniLend (UFT) and VIDT DAO (VIDT).
According to the exchange’s statement, these coins have been selected for delisting based on a comprehensive evaluation of multiple factors.
As a result, deposits for these tokens will no longer be credited to users’ accounts after April 17 at 3:00 am UTC. Similarly, withdrawals from Binance will not be supported after April 16 at 3:00 am (UTC).
Additionally, Binance Spot Copy Trading will delist the tokens’ spot trading pairs on April 15 at 3:00 a.m. (UTC), while Binance Futures will close all positions and conduct an automatic settlement for these contracts on April 14 at 9:00 a.m. (UTC).
Source: https://u.today/binance-announces-removal-of-7-popular-crypto-trading-pairs-on-this-date
