Bitcoin exchange Binance will delist five cryptocurrency

The largest daily trading volume, Binance, has announced the upcoming delisting of the following cryptocurrencies: CLOAK (CloakCoin), Modum (MOD), SALT, Substratum (SUB) and WINGS.

#Binance Will Delist CLOAK, MOD, SALT, SUB and WINGS https://t.co/eTAqN4g5dU pic.twitter.com/Am4oXmUJE3

– Binance (@binance) February 15, 2019

All trades will be automatically terminated on February 22 at 10:00 UTC, after which the tokens will be excluded from the listing.

Binance regularly evaluates the development of projects whose coins are represented on the platform, and takes into account the following characteristics:

• the team’s commitment to the development of the project, its activity and quality;
• network stability and smart contracts;
• project work with the community;
• communication with the exchange;
• evidence of fraudulent or unethical activity;
• contribution to the development of a cryptocurrency ecosystem.

Recall that in October 2018, Binance withdrew from the auction Bytecoin, Iconomi, ChatCoin and Triggers.

Earlier, the US Securities and Exchange Commission (SEC) initiated an audit of the crypto-credit platform Salt Lending Holdings Inc., which in 2017 raised $ 50 million through ICO.

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