Bitcoin Forum

I am not sure Binance takes such crucial delisting action on these tokens and coins. I believe they will be getting big buthurt attack on these coins and price also will drastically fall for sure. I am not sure how they can manage it! What is your opinion guys!!!

I have little MOD on Binance, thank you for sharing the information. I have to transfer it now. It's good for the exchange because they want to list only some valid coins, on the other hand, bad for the coin.

Just before getting lost the funds in MOD it is good to get it converted with the available trading pairs. Once de listed it goes as a shitcoin as it won't be having any further trading volume. As more and more cryptocurrency is coming into usage it is good to for them to take away the unused.

maybe this is the most appropriate decision done by binance, because I see the coin or token does not have a bright future development or maybe the binance party finds something potentially risky on the coins.

I think traders and holders whom are holding these coins on Binance should sell them all asap before price dumped to hell :). I think it's very difficult for dev teams of these coins find out the way to make price of their coins rise back again in this time while everything is so terrible.

By the time of de listing more coins were getting added which has got good good trading volume on the other side. Today it has done with the launch of a new token named fetch. Within few days time this will get listed to the Binance exchange. Likewise can expect more coins to get added.

One year ago these were promising cryptocurrencies and now they are being delisted from Binance.
How fast things change ;D

Binance do that to make their exchange become better because they only want there are good tokens/coins with high trading volume tradeable on Binance. It's the reason why not only Binance, there are so many others crypto exchanges also delist bad tokens/coins from their exchanges regularly.

It is undoubtedly a complicated issue, lately Binance has received much criticism due to some coins that have been listed, according to many users, felt that they were lowering the level of trade. Binance can not lose its reputation, it is one of the Exchanges Number 1 that there is, it can be doing or taking very drastic measures, since they do not want to continue being accused of the Pump and Dump.

I did not see this coming for coins like SALT, which I thought was very popular in the class of lending based tokens.

And the WINGS token is another big surprise, because I always felt they were a competent project even though the price has not seen much life lately.

When you see some of the weird tokens on Binance compared with SALT or WINGS,,, it makes us wonder what is the rationale behind those decisions.

It's a waste of time and resources to hold low volume coins on their exchanges. If anyone is hodling any on that list you had better dump them before they become unsalable.

that is not the end of cryptocurrency.
binance has strict rules about trading volume. they throw coins that have low vol. you can still find the coin in another exchange.

He isn't saying that this is the end of cryptocurrency, he's just giving the thought that these crypto's were promising before as they were created lately. But now, they are delisted from one of the biggest and popular exchange.

And to think that they spend a huge listing fee just to get listed and now that they are delisted they have to settle for other exchange, this ins one of the risk in listing on the top exchange you never know what's going to happen if your volume drops you are in danger in getting delisted so developers should first pick other exchange then just move to top exchange.

this is the reason why many new coins headed on dex exchanges and some are on cex exchanges but those exchanges are not really that popular . they are only doing it i think to test the waters   . if all goes well thats the time that they upgrade on a more better exchange  . they should also know that people only invest on good coins with useful purpose so why will they create a crappy unuseful coin  ?  that will only cost them money and effort but still loose at the end  .