Binance Will Delist MITH, TRIBE, REP and BTCST on 2022-12-22

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3 min read
Binance· 3 min read

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

At Binance, we periodically review each digital asset we list to ensure that it continues to meet the high level of standard we expect. When a coin or token no longer meets this standard, or the industry changes, we conduct a more in-depth review and potentially delist it. We believe this best protects all our users.

When we conduct these reviews, we consider a variety of factors. Here are some that drive whether we decide to delist a digital asset:

  • Commitment of team to project
  • Level and quality of development activity
  • Trading volume and liquidity
  • Stability and safety of network from attacks
  • Network / smart contract stability
  • Level of public communication
  • Responsiveness to our periodic due diligence requests
  • Evidence of unethical/fraudulent conduct or negligence
  • Contribution to a healthy and sustainable crypto ecosystem

Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following tokens at 2022-12-22 09:00 (UTC):

Please note:

  • The exact trading pairs being removed are: MITH/USDT, TRIBE/BUSD, REP/USDT, and BTCST/BUSD.
  • All trade orders will be automatically removed after trading ceases in each respective trading pair.
  • To view your assets after trading ceases, please ensure you have not selected “Hide small assets” in your Funds page.
  • Deposits of these tokens after 2022-12-23 01:00 (UTC) will not be credited to your account.
  • Withdrawals of these coins and tokens from Binance will continue to be supported until 2023-03-23 at 01:00 (UTC).
  • Crypto loan will delist the tokens mentioned above as borrowable assets and collateral assets at 2022-12-16 03:00 (UTC). Users are suggested to manage their assets in advance to avoid any inconveniences.
  • VIP Loan will delist the tokens mentioned above as borrowable assets and collateral assets at 2022-12-16 03:00 (UTC). Users are suggested to manage the assets in advance to avoid any inconveniences.
  • Binance Gift Card will delist the tokens mentioned above at 2022-12-21 09:00 (UTC). Users are suggested to manage their gift card of these tokens in advance to avoid any inconveniences.
  • Binance Simple Earn will delist the tokens mentioned above at 2022-12-19 09:00 (UTC). Users may choose to redeem their Flexible positions beforehand. Otherwise, these Flexible products will be automatically redeemed at the above-mentioned time, and subsequently transferred to users’ Spot Wallets.
  • Binance will terminate strategy trading services for the aforementioned spot trading pairs at 2022-12-22 09:00 (UTC), where applicable. Users are strongly advised to update and/or cancel their trading strategies prior to the cessation of strategy trading services to avoid any potential losses.

We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.

Thanks for your support!

Binance Team

2022-12-15

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