CryptoCurrency Exchange Binance announced to delist 5 coins
Biggest Cryptocurrency Exchange Binance is going to Delist CLOAK, MOD, SALT, SUB and WINGS from its Exchange confirmed by tweeting on Feb. 15.
Binance is the very popular Crypto Exchange having the highest volume of altcoins trading pairs and having millions of users.
If you are holding these coins which are going to delist from Binance, so please move them from Binance to any other good exchange as they will be no longer available on Binance.
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This announcement really hurts the Binance traders as many traders are suffered from a big loss due to a big sell-off or dump happened in those coins after delisting announcement.
Delisting of the coins by Exchange is the big problem for traders always.
At the beginning of 2018, The famous Crypto Exchange Bittrex was delisted a large number of coins from its Exchange which hurts Bittrex traders too much and most of the traders move to other exchanges like Binance. But now Binance is also started delisting the coins from the exchange which can result in a big loss of users for Binance.
Binance always comments time to time that their listing procedure is very strict even after they have to delist the coins from its exchange which really creates a big question for Binance research team and its listing strategy.
What do you think about delist of coins by Exchange? Please Comment Below!
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