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Topic: Binance upcoming delisting - page 4. (Read 654 times)

hero member
Activity: 3010
Merit: 629
July 14, 2020, 01:33:22 AM
#28
Listing in Binance is no guarantee that tokens will be successful, returning to the developer how to manage and bring their project in the right direction. Binance only provides large markets with large liquidity, market mechanisms will work and investors will be keen to see which projects are good. Failing at Binance will undermine trust in the token
Indeed, being listed in a good exchange doesnt mean you dont need to do anything for your project because it will surely get a high demand. It needs a progress to see that its active to give the investors the satisfaction on why they will going to invest. I dont have these coins but becoming delisted to a big exchange will have an impact to the project itself and might be the start to turn bad.
member
Activity: 322
Merit: 10
July 14, 2020, 01:30:13 AM
#27
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)

I'm wondering what will happen to these coins after binance delist them from its exchange because I'm pretty sure that binance exchange is part of the reason why they have good value but after delisting they will lose value, we all know what happens to a project that get listed on Binance
full member
Activity: 379
Merit: 100
Decentralized Ascending Auctions on Blockchain
July 14, 2020, 01:27:57 AM
#26
Listing in Binance is no guarantee that tokens will be successful, returning to the developer how to manage and bring their project in the right direction. Binance only provides large markets with large liquidity, market mechanisms will work and investors will be keen to see which projects are good. Failing at Binance will undermine trust in the token
I think it is a misconception whenever a specific altcoin is listed on Binance, they thought that every coin listed on Binance are good and promising and they are not aware that there are also shit coins there. If you will choose an exchange make sure it is reliable and trusted like Binance but if you will look for a coin make sure that it is not a shitcoin and it has a good volume and liquidity. Those coins that the Binance delisting are probably the coins that doesn't have high daily volume and the liquidity is not good.
You're right. Listing in large Exchange can be a successful step of the project. However, if after listed on Exchange, the team doesn't work too hard to develop the project then the project is done. It is not wrong to say that coins listed on large Exchanges are more reliable and have better potential than coins listed on small ones. However, we still have to look carefully at a specific coin to make a decision. Don't invest in any coin just because it's listed on Binance.
sr. member
Activity: 1582
Merit: 333
Buzz App - Spin wheel, farm rewards
July 14, 2020, 01:23:09 AM
#26
Listing in Binance is no guarantee that tokens will be successful, returning to the developer how to manage and bring their project in the right direction. Binance only provides large markets with large liquidity, market mechanisms will work and investors will be keen to see which projects are good. Failing at Binance will undermine trust in the token
You're right, it all depends on project developer itself, If they able to compete with various other projects of course they can survive and their tokens will also remain strong on the large Exchange. I am sad to see the Lunyr project, I think at beginning this project very good and gained a lot of trust from investors, But now Binance will delisting their tokens, very sad.
ofcourse binance have their own reason why delisting lunyrs. binance team have good qualification to filtered which project will accept in binance or will delist from their exchanges. so if any project success listing on binance they should not be happy , they must continue developt their project well or will delist like previous project.
sr. member
Activity: 1246
Merit: 254
Trphy.io
July 14, 2020, 01:12:17 AM
#25
Listing in Binance is no guarantee that tokens will be successful, returning to the developer how to manage and bring their project in the right direction. Binance only provides large markets with large liquidity, market mechanisms will work and investors will be keen to see which projects are good. Failing at Binance will undermine trust in the token
You're right, it all depends on project developer itself, If they able to compete with various other projects of course they can survive and their tokens will also remain strong on the large Exchange. I am sad to see the Lunyr project, I think at beginning this project very good and gained a lot of trust from investors, But now Binance will delisting their tokens, very sad.
sr. member
Activity: 952
Merit: 274
July 14, 2020, 01:06:31 AM
#24
Listing in Binance is no guarantee that tokens will be successful, returning to the developer how to manage and bring their project in the right direction. Binance only provides large markets with large liquidity, market mechanisms will work and investors will be keen to see which projects are good. Failing at Binance will undermine trust in the token
I think it is a misconception whenever a specific altcoin is listed on Binance, they thought that every coin listed on Binance are good and promising and they are not aware that there are also shit coins there. If you will choose an exchange make sure it is reliable and trusted like Binance but if you will look for a coin make sure that it is not a shitcoin and it has a good volume and liquidity. Those coins that the Binance delisting are probably the coins that doesn't have high daily volume and the liquidity is not good.
member
Activity: 636
Merit: 11
July 14, 2020, 12:57:19 AM
#23
Listing in Binance is no guarantee that tokens will be successful, returning to the developer how to manage and bring their project in the right direction. Binance only provides large markets with large liquidity, market mechanisms will work and investors will be keen to see which projects are good. Failing at Binance will undermine trust in the token
it only create hype to new investors or traders that want to speculate their money to get return. look at several coints which is participate in community voting, most of them will rise alot . but binance strictly to select project will listed there. developtment will always monitored by binance team , if listed project have no significant developtment they will add this project again to delist table.
full member
Activity: 2324
Merit: 175
July 13, 2020, 09:27:01 PM
#22
Thank you for sharing this although I don't have any of mentioned coin in Binance. I appreciate the decision of Binance and this is a good side of Binance that they always want to keep their user safe and secure.
It will have an impact on how the coin performs.so it's highly recommended that holders follow all the coins they are holding especially those that are listed in Binance, last thing that you want as investors are holding coins that you cannot liquidate which means a big loss to your portfolio.
full member
Activity: 2044
Merit: 109
July 13, 2020, 09:24:17 PM
#21
Listing in Binance is no guarantee that tokens will be successful, returning to the developer how to manage and bring their project in the right direction. Binance only provides large markets with large liquidity, market mechanisms will work and investors will be keen to see which projects are good. Failing at Binance will undermine trust in the token
full member
Activity: 1829
Merit: 134
Moderator
July 13, 2020, 05:31:31 PM
#20
Whoa is that Aeron for Blockchain for aviation safety? Although not really sure the impact when using blockchain on this industry (Better make it private blockchain with only some companies that using it?) I didn't expect it will be delisted on binance, It's really have big volume $8 Mio, Also Lunyr with $1 Mio and have good case from my perspective was also Delisted. Well, Hope there will be any full explanation for that, Thanks for sharing this one mate.
copper member
Activity: 966
Merit: 5
July 13, 2020, 05:29:24 PM
#19
Thanks for sharing so that those who might be holding can be duely informed thus knowing what to do. About the delisting, Binance isn't the only exchange delisting coins and tokens, that is, no matter the exchange, there things required of a token and once it is not being met will be delisted so as to make the exchange a good trading ground for everyone. In addition to this, I believe one of the prominent reasons why tokens will be delisted is if they don't meet up a certain trading volume which most of the times comes from the team not doing anything tangible to keep their project going thereby resulting to lack of interest from the users which then reflects on the project's token.
Lastly, I also see this delisting as a medium to pass a message that one should be careful of the project he invests in and holds for long term.
sr. member
Activity: 2422
Merit: 357
July 13, 2020, 05:28:59 PM
#18
The most recent news is that I found,

Binance delisting

Arn, Fuel and Lun coin

Source: https://t.me/CryptosignalUS/5354
This can be a good warning to those who still holding this coin especially on Binance. I admire Binance for being strict like this since they will really do keep their standard even if you pay that much. This must be a good lesson to every token to stay active and don’t let the project behind or else you’ll face consequences, Binance did a great job as always.
full member
Activity: 2184
Merit: 184
Hire Bitcointalk Camp. Manager @ r7promotions.com
July 13, 2020, 05:08:06 PM
#17
Thank you for sharing this although I don't have any of mentioned coin in Binance. I appreciate the decision of Binance and this is a good side of Binance that they always want to keep their user safe and secure.

Off course, we must appreciate Binance for this proactive decisions taken by them against some projects which are harmful to her traders. Most of these projects be delisted from the exchange are those projects that refused to work on their product. They have no trade volumes and so insolent before the Binance team. It will be nice to see many of these projects get delisted from Binance for our safety.
member
Activity: 173
Merit: 10
July 13, 2020, 04:56:00 PM
#16
Thank you for your reminder. Also, please always make sure you follow twitter of @Binance too keep track of their delisting of coins. Their standard's curve going upward from time to time so coins that don't meet their standard anymore slowly being kicked out.
full member
Activity: 1176
Merit: 162
July 13, 2020, 04:36:46 PM
#15
We all know that Binance is a great exchange but when they are still starting with this business they have listed a lot of so-called sh*tcoins, It is a good decision for them to delist these coins, maybe this coins has low trading activity and does not meet minimum trading volume. Not only binance other top exchanges are also delisting coins with no activity I guess this is for the benefit of everybody.
sr. member
Activity: 1736
Merit: 306
July 13, 2020, 04:32:03 PM
#14
it is very feasible if the token does not meet the target set by the binance for delisting, only coins that have potential worth there. of course this news will make the price dump because people are panic sell
jr. member
Activity: 78
Merit: 1
July 13, 2020, 04:23:41 PM
#13
Thanks for sharing this, those holding any of the above listed coin will find ways to withdraw their funds before binance finally delist them. Binance exchange always doing their possible best to make sure they keep their community safe, kudos to team for the clean up.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
July 13, 2020, 02:41:21 PM
#12
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)


The binance may have been delisted due to insufficient volume of these coins. Binance must want to have the volume of the coins that are already listed. Many times the exchange delists some coins because of the inactive team. When a project does not do any kind of development, that project cannot do much from the list on the big exchange. So it is not possible to stay in the market for long without an active team and development
member
Activity: 518
Merit: 30
$CYBERCASH METAVERSE
July 13, 2020, 02:33:41 PM
#11
I can't find the source for that delisting, do you have a source for that news because I can't find it on their blog and no news yet about the delisting.
I haven't received an email too about this news you have shared.
It's on binance exchange mate, just go to binance and check their announcement section you will find the full news of those coins, I don't think binance will send out the message to emails either, it's also available on binance Twitter account
https://twitter.com/binance/status/1282661416789516295?s=20
full member
Activity: 1498
Merit: 129
July 13, 2020, 02:11:22 PM
#10
I can't find the source for that delisting, do you have a source for that news because I can't find it on their blog and no news yet about the delisting.
I haven't received an email too about this news you have shared.
It is not every time they send message about delisted coin to traders mail. Sometimes they make the announcement on social media and also post it on the announcement blog on the website. Here is the link to the new https://twitter.com/binance/status/1282661416789516295?s=20 it is not strange binance normally delist coin that are not getting trading volume for awhile in order to make sure the platform is free of dead project
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