Binance announced the delisting of four coins. What cryptocurrencies will fall even more?

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2018-10-10 15:15:09

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Binance announced the delisting of four coins. What cryptocurrencies will fall even more? Source:

Cryptocurrency exchange Binance will hold a large-scale delisting tokens — in the near future, the venue will cease to trade coins Bytecoin (BCN), ChatCoin (CHAT), Iconomi (ICN) and Triggers (TRIG). The reason for such action was the inconsistency of the token standards of quality and safety Binance, said in a statement to the exchange.

To our customers, employees Binance constantly conduct analysis of all digital assets traded on our platform. This allows you to maintain the high quality of the trading platform and to get rid of the coins that do not meet our safety requirements and quality standards.

After delisting the four listed coin exchange will introduce additional criteria for the coins, which apply to trade on Binance. Among them — the quality and level of development of the network of the coin, its sustainability, the level of public communication and activity, the frequency and quality of responses to inquiries of the exchange and contribution to the development of healthy and sustainable ecosystem around cryptocurrency. The requests are many.

What criteria do not correspond to Bytecoin, ChatCoin, Iconomi and Triggers are not specified. However, immediately after the statement of the exchange rates fell first on 5-20% and then down to 37 percent. Worst of all had Bytecoin and Triggers.

Source: Binance

Also changed the rules of the Binance payment of a contribution for listing tokens on the trading platform.

If you previously set the fee for listing tokens, now we are talking more about the donation company decide how much she is willing to pay. However, the decision of the trading platform will not depend on the size of the contribution are mainly in the assessment will remain the technical parameters of the coin.

Let's hope Binance will not start a witch hunt. Otherwise, the courses of the coins will seriously subside. About the announcement of the exchange officials said .

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