The popular Binance cryptocurrency exchange periodically reviews all coins on its platform in order to protect users and all interested parties. After such a revision of the coins, the exchange announced that it intends to delist four cryptocurrencies on its platform:
We decided to delist and stop trading for the following cryptocurrencies and tokens, starting at 10:00 (UTC) on October 12, 2018:
Bytecoin (BCN)
ChatCoin (CHAT)
Iconomi (ICN)
Triggers (TRIG).
The output of these cryptocurrencies and tokens from Binance can be made until 10:00 (UTC) on November 12, 2018.
As mentioned earlier, the Binance team periodically reviews all digital assets on its platform, checking their quality level. If a coin falls below a certain level, then it is excluded.
The exchange provided a whole list of factors for checking cryptocurrency. The main ones are the quality and level of development of the project, the sustainability of a smart contract, the lack of data on fraud, etc.
We also recall that earlier the Binance exchange announced that all listing payments will be transferred to charity. This can be read here .
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