Binance Announces Decision to Delist Several Tokens and End Trading of All Related Spot Pairs
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Binance Delisting Announcement: Binance will halt spot trading for six tokens, including CVP, LOOM, and VGX, on August 26, 2024, following a compliance review. This will affect various services such as Simple Earn and Auto-Invest, with specific trading pairs being removed.
User Actions and Market Impact: Users holding the affected tokens must be aware of key dates for deposits and withdrawals, with potential conversion options after November 27, 2024. The announcement has already led to significant price drops for the impacted tokens in the market.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
