Cointime

Download App
iOS & Android

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

Validated Venture

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

Comments

All Comments

Recommended for you

  • BTC breaks through $67,000

    The market shows that BTC has broken through $67,000 and is now trading at $67,018.39, with a daily increase of 0.85%. The market is volatile, so please be prepared for risk control.

  • Decentralized AI platform Prime Intellect completes $5.5 million seed round of financing

    Decentralized AI platform Prime Intellect has announced the completion of a $5.5 million seed round of financing, led by Distributed Global and CoinFund, with Compound also participating. The funds will be used to build a computing platform that enables decentralized training across instances, and to achieve shared ownership of artificial intelligence models through contributions of computing power, code, data, capital, or expertise.

  • Crypto wallet Turnkey raises $15 million in funding, led by Galaxy Ventures

    Turnkey, a cryptocurrency wallet infrastructure company, has raised $15 million in Series A funding led by Lightspeed Faction and Galaxy Ventures, with participation from Sequoia Capital, Coinbase Ventures, Alchemy, Figment Capital, and Mirana Ventures. The project concluded in October of last year and raised $7.5 million in seed funding starting from 2022. Turnkey was co-founded by two former Coinbase employees who helped build the company's cryptocurrency exchange custody service, with the aim of helping application developers build user-friendly blockchain wallets.

  • Magpie: A vulnerability was found in the contract, and users are advised to cancel authorization as soon as possible

    Cross-chain infrastructure Magpie Protocol published an article stating that there is a vulnerability in the contract and urging users who have authorized its contract and still hold funds in their wallets to cancel the relevant contract authorization on each chain as soon as possible.

  • SlowMist reveals a new scam: maliciously modifying RPC node links to defraud assets

    SlowMist security team has exposed a new type of cryptocurrency scam. This scam uses the remote procedure call (RPC) function of modified Ethereum nodes to commit fraud. The specific process of the scam is as follows: the scammer induces the user to download the imToken wallet and gain the user's trust by using 1 USDT and a small amount of ETH as bait. Then, the scammer guides the user to change their ETH's RPC URL to the node controlled by the scammer. The node uses Tenderly's fork function to falsify the user's USDT balance. When the user sees the incorrect balance, they may attempt a transfer, but the scammer has already disappeared. According to SlowMist Technology's report, this type of scam exploits users' trust and negligence, resulting in asset losses. The SlowMist security team reminds users to remain vigilant when trading and avoid using untrusted RPC nodes.

  • Philippines SEC: Remove Binance App from Google and Apple App Stores

    Philippine Securities and Exchange Commission stated that we have taken action to remove the Binance app from the Google and Apple app stores.

  • BTC falls below $66,000

    The market shows that BTC has fallen below $66,000, currently trading at $65,997.14, with a daily decline of 0.02%. The market is volatile, please be prepared for risk control.

  • Hong Kong Shatin District Councillor Deng Zhaofeng: ETF allows individual investors to participate in the virtual currency market with small investments

    Hong Kong Sha Tin District Councilor Deng Zhaofeng published an article entitled "Grasping Financial Innovation Opportunities and Not Forgetting to Exclude Risks" in the A14 edition of Hong Kong Wen Wei Po, pointing out that the launch of Hong Kong's virtual currency ETF brings three opportunities to the market:

  • Ethereum on-chain DEX transaction volume yesterday was $1.796 billion

    According to DeFiLlama data, the trading volume of DEX on the Ethereum blockchain was 1.796 billion US dollars on April 22, ranking first. In addition, the trading volume of DEX on the Solana blockchain was 1.534 billion US dollars yesterday, ranking second; the trading volume of DEX on the BSC blockchain was 772.09 million US dollars yesterday, ranking third.

  • HKEX: The uniform margin rate for non-constituent virtual asset spot ETFs will be set at 30%

    The Hong Kong Stock Exchange (HKEX) and Hong Kong Securities Clearing Company Limited issued a notice on the "Margin Rates for Trading Virtual Asset Spot Exchange Traded Funds (ETFs)". It was pointed out that the following risk management arrangements, which refer to the announcement issued on April 17, 2024 (No. ETP/001/24), will take effect on the same day as the launch of the virtual asset spot ETF: