NEM(XEM) Delist By Binance
NEMThis is a general announcement. Products and services referred to here may not be available in your region.
At Binance, we periodically review each digital asset we list to ensure that it continues to meet a high level of standard and industry requirements. When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics.
When we conduct these reviews, we consider a variety of factors. Here are some that drive whether we decide to delist a digital asset:
- Commitment of team to project
- Level and quality of development activity
- Trading volume and liquidity
- Stability and safety of network from attacks
- Network / smart contract stability
- Level of public communication
- Responsiveness to our periodic due diligence requests
- Evidence of unethical/fraudulent conduct or negligence
- New regulatory requirements
- Contribution to a healthy and sustainable crypto ecosystem
Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following token(s) at 2024-06-17 03:00 (UTC):
Please note:
- The exact trading pairs being removed are: OMG/USDT, WAVES/BTC, WAVES/ETH, WAVES/TRY, WAVES/USDT, WNXM/USDT, XEM/USDT
- All trade orders will be automatically removed after trading ceases in each respective trading pair.
- To view your assets after trading ceases, please ensure you have not selected "Hide Small Balances" in all of your wallets.
- Deposits of these token(s) after 2024-06-18 03:00 (UTC) will not be credited to your account.
- Withdrawals of these token(s) from Binance will not be supported after 2024-09-17 03:00 (UTC).
- Delisted tokens MAY be converted into stablecoins on behalf of users after 2024-09-18 03:00 (UTC). Please note that the conversion of delisted tokens into stablecoins is NOT guaranteed. A separate notification will be made before the conversion where applicable, and the stablecoins will be credited to users' Binance accounts after the conversion.
- Binance Simple Earn will delist the token(s) mentioned above after 2024-06-13 03:00 (UTC). Users may choose to redeem their Flexible and Locked Products positions beforehand. Otherwise, these Flexible and Locked Products positions will be automatically redeemed at the above-mentioned time, and subsequently transferred to users' Spot Wallets, together with any accrued rewards, from 2024-06-13 03:00 (UTC).
- Binance Auto-Invest will delist the token(s) mentioned above after 2024-06-07 03:00 (UTC). Users may choose to remove the plan(s) beforehand. Otherwise, the next recurring cycle of the aforementioned token(s) will fail.
- At 2024-06-11 03:00 (UTC), Binance Loans (Flexible and Stable Rates) and VIP Loan will close all outstanding loan positions for the aforementioned token(s) as loanable token(s) and collateral token(s). Users are strongly advised to repay their outstanding loans before 2024-06-11 03:00 (UTC) to avoid any potential losses, where applicable.
- Binance Futures will adjust the leverage and margin tiers of the USDⓈ-M WAVESUSDT perpetual contract at 2024-06-03 10:30 (UTC), as per the table below. Existing positions opened before the update will be affected.
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