Largest cryptocurrency exchange Binance announced to delist POE and TNT permanently on 12 November 2020, reported on 05 November 2020.
Binance reportedly said that, they periodically review each digital asset which is listed, in order to ensure that it continues to meet the high level of standard we expect. When a coin or token no longer meets this standard, or the industry changes then they conduct a more in-depth review and potentially delist it. Binance said that they doing delisting in order to protects all of their users.
Binance said that they are decided to delist these trading pairs’ as these are not qualifying their standard rules’ after conducting the recent reviews and consideration of various factors.
Mainly, binance going to remove the trading pairs such as POE/BTC, TNT/ETH.
Binance exchange will remove the all trade orders automatically just after the trading ceases in each respective trading pair of the delisted coins.
All users must unsure that they have not selected “Hide small assets” in your Funds page in order to view your assets after trading ceases by binance.
Users are allowed to Withdraw the coins and tokens from their Binance exchange wallet until 2021/02/12 at 10:00 AM UTC.