The cryptonews from September 30 put Binance in the focus. According to the latest updates, Binance is delisting a batch of thirty altcoins and trading pairs from its listings. Only six of those trading pairs involve tokens launched on the Binance Launchpad Initial Exchange Offering (IEO) platform, including BitTorrent (BTT), Elrond (ERD), Harmony (ONE) and WINk (WIN).
In a blog post titled “Notice of Removal of Trading Pairs,” the exchange announced the delisting of tokens which would happen at 2019/09/30 8:00 AM (UTC).
Even though not all of the trading pairs that are listed include Binance Launchpad tokens, Binance is delisting a significant 20% of them. The full list shows this in detail – and the delisted pairs are:
“ANKR/PAX, ANKR/TUSD, ANKR/USDC, BCPT/PAX, BCPT/TUSD, BCPT/USDC, BTT/BTC, DENT/BTC, DOGE/PAX, DOGE/USDC, ERD/PAX, ERD/USDC, FTM/PAX, FTM/TUSD, FUEL/ETH, GTO/PAX, GTO/TUSD, GTO/USDC, LUN/ETH, NCASH/BNB, NPXS/BTC, ONE/PAX, ONE/TUSD, PHB/PAX, PHB/USDC, TFUEL/PAX, TFUEL/TUSD, TFUEL/USDC, WAVES/PAX, WIN/BTC.”
Binance also added a “risk warning” which shows the following:
“Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your trading losses.”
The leading cryptocurrency exchange claimed that the pairs were being removed in order to “improve liquidity and user trading experience.” Now that Binance is delisting all of these trading pairs, the exchange also added that this was “as requested by most project teams.”
The latest cryptocurrency news also show that on September 27, Binance claimed to have assisted British prosecutors in an investigation of an online fraud which resulted in over $51 million in losses by victims.
However, all of this doesn’t change much in the crypto market cap today. Even though the Bitcoin news show that BTC managed to go below $8,000 again and lose more than 3% today, the altcoin updates post declines which are not as strong. The only real losers in the top 20 today are Binance Coin (BNB) which slid by 4% to a price of $15, Monero (XMR) which retraced to $54 with a 4% decline and Huobi Token (HT) which is at $3 now after losing 2.57% overnight.
The total cryptocurrency market cap is now at $210 billion – a level which is even lower than the weekend’s numbers.
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