Topic: Binance upcoming delisting - page 2. (Read 654 times)
To be honest I never heard about Aeron (ARN, )Etherparty (FUEL) and Lunyr (LUN)! I don't know where you get all these tokens sometimes. For sure, they will be delisted because nobody trade with them anymore, nobody uses them, so maybe bad news for people who have these tokens, but for crypto it's good to clean the house sometimes. So I see this as a good move from binance, someone should deal with shit coins in one way or another.
Binance needs to wipe their exchange clean of any not so good crypto projects, some projects rushed to get listed on binance when they don't have what it takes to keep moving up, I blame no one but the team of projects though, it shows they have been playing around only
I had some of these coins and I immediately sold them after the official news that the Binance will remove them from their exchange. the price will go down very sharply.
There is no reason to keep holding tokens that's been delisted by binance because you've just been told that the team aren't are lacking behind big time, it's better to sell and move find into another project
And this is what Binance and such exchanges are increasing confidence in its users. If a specific project is not meeting with the standards which are defined for the listing of any coin or token, delisting is one of the hard decisions for exchanges but necessary. There may be other scenarios that these coins are not trading much that Binance is not able to recover desired fees from it. However, for genuine projects is not a good thing from a future perspective.
Thats bad news for the token holders, I think there is a big reason why those tokens were being delisted on Binance, I have also experienced traded those tokens like fuel and Arn at Binance in 2019 at it give me some good returns during that time, but I'm wondering why it was being delisted in the one of the worlds most popular and largest cryptocurrency exchange like Binance.
This should serve as a big warning to the project team that they are really lagging behind, binance team will only delist coins that aren't that active anymore, lacking in area like liquidity, volume and marketcap, it's not the end but it's left for the project team
True. those who will be delisted from binance have been performing so well at the early development progress but this time they have nothing to be proven as the result of the development. The liquidity of those coins was getting decreased a lot since the release of product and that means their product didn't meet the expectation.
We already have too many bad projects in crypto space today, I don't mind see many get delisted from top exchanges, this will be eye opening event for many who still hold on to these coins in their portfolio, to cut loss short they will be forced to sell or dump
Not just Binance, but the other exchanges also need to delist the shitcoins. We have far too many shitcoins in circulaition now, and a lot many of the good projects are getting negatively impacted as a result of this. How many of these shitcoins have any usage, other than for speculative investment? Anyway, I just hope that other exchanges such as Huobi and Gate.io will also take similar steps.
This should serve as a big warning to the project team that they are really lagging behind, binance team will only delist coins that aren't that active anymore, lacking in area like liquidity, volume and marketcap, it's not the end but it's left for the project team
I read this up yesterday. Not really good for this coins. I have traded ARN and LUN before with high expectations on the developers. It simply means they stopped working along the line. They must fallen below Binance standard
Binance plan to delist the following coins very soon, I believe they are doing this because the coins failed to meet their level of standard, if you are holding any of these coins I suggest you think twice about them
Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following tokens at 2020/07/20 10:00 AM (UTC):
Aeron (ARN)
Etherparty (FUEL)
Lunyr (LUN)
Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following tokens at 2020/07/20 10:00 AM (UTC):
Aeron (ARN)
Etherparty (FUEL)
Lunyr (LUN)
This is to keep their standard that only the best coin in the market will be traded in their platform, that is a good decision by Binance, if you are an investor you must be quick to dump coins that will likely get delisted or you will be left trading with other exchange with not so good reputation.
There are still more days before the coin will be officially delisted from Binance as it's scheduled this July 20, 2020, so probably 2 days or a day before, there should be a quick dump that's going to happen, so let's prepare for that, if some are seeing it as an opportunity, then it's probably the best timing to accumulate but I suggest to think twice as it's a big gamble to hold this tokens.
Binance plan to delist the following coins very soon, I believe they are doing this because the coins failed to meet their level of standard, if you are holding any of these coins I suggest you think twice about them
Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following tokens at 2020/07/20 10:00 AM (UTC):
Aeron (ARN)
Etherparty (FUEL)
Lunyr (LUN)
Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following tokens at 2020/07/20 10:00 AM (UTC):
Aeron (ARN)
Etherparty (FUEL)
Lunyr (LUN)
This is to keep their standard that only the best coin in the market will be traded in their platform, that is a good decision by Binance, if you are an investor you must be quick to dump coins that will likely get delisted or you will be left trading with other exchange with not so good reputation.
I had the crypto FUEL for some time and was able to profit from it doing day tradings with it. It was a nice run until I see that there was no development and the crypto was going south so I was able to pull off one last profitable trade until I call it quits. Many traders and inverstors, and I am also guilty of this, tends to attract themselves to anything with the word "Ether" on it. Sadly not all projects would be successful and now this happens. There would be many sad investors again in the next weeks.
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Maybe binance wants to refresh its market with the new project, so they need to delist the coin which doesn't have support from the teams, or the coin doesn't have a good volume at the binance. I think there is any reason for binance to delist the coin, as they have complete data for each coin, so they can delist any coin that they want. On the other side, we will see a new coin or token that will get a list of binance, and I think that can give us more chances to make a profit.
Too bad for these old coins, they have their time during the last bull run but it seems like they might start to dump after its delisted in Biannce.
TBH, I haven't seen any project that remain successful after being delisted in Binance, so I am not expecting anymore of these coins.
Their good run will remained in my mind as a history as I have invested and traded these coins int he past.
If the market will not improve, probably we will see a lot of coins getting delisted in Binance
TBH, I haven't seen any project that remain successful after being delisted in Binance, so I am not expecting anymore of these coins.
Their good run will remained in my mind as a history as I have invested and traded these coins int he past.
If the market will not improve, probably we will see a lot of coins getting delisted in Binance
It is definitely bad news for these coins holders, but it is a good reminder for everyone holding unpopular coins - they can be delisted from Exchanges at any time which will likely decrease the price.
Delisted from binance means such coin will have lost a huge liquidity as binance is the major exchange site that has a very big liquidity. They will be dumped by the holders before the delisting will have begun. It's just the matter of time until people will be leaving those coins.
These are going to be great projects as binance is always known to associate with only legit and great projects. I just doubt if any other crypto currency exchange can ever be trusted and believed in like this binance.
Binance plan to delist the following coins very soon, I believe they are doing this because the coins failed to meet their level of standard, if you are holding any of these coins I suggest you think twice about them
Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following tokens at 2020/07/20 10:00 AM (UTC):
Aeron (ARN)
Etherparty (FUEL)
Lunyr (LUN)
Actually I can say that this is the first time I will witness delists from binance exchange, correct me if I'm wrong, is this really the first time? Anyways, I'm glad this happens though, I'm just wondering how the following projects team work so hard to get their tokens on binance and in the end they let this happened, it's really not easy to list your token in binance and very costly too, what a shame Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following tokens at 2020/07/20 10:00 AM (UTC):
Aeron (ARN)
Etherparty (FUEL)
Lunyr (LUN)
It is definitely bad news for these coins holders, but it is a good reminder for everyone holding unpopular coins - they can be delisted from Exchanges at any time which will likely decrease the price.
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