Binance, one of the world’s leading cryptocurrency exchanges, announced its decision to remove three tokens from its platform as of April 3, 2024. The tokens affected by this decision are DREP (DREP), Mobilecoin (MOB) and pNetwork (PNT).
Binance Announces Delisting of DREP, MOB, and PNT Tokens
The decision to delist these tokens stems from Binance’s commitment to maintaining high standards and adapting to evolving market dynamics.
As part of its periodic review process, the exchange considers various factors such as project team commitment, development activity, transaction volume, network stability, regulatory compliance, and contribution to a healthy crypto ecosystem.
All trading pairs containing DREP, MOB and PNT tokens will be removed from the platform at 06:00 on April 3, 2024.
Specifically, the affected trading pairs are DREP/BTC, DREP/USDT, MOB/BTC, MOB/USDT and PNT/USDT. Once trading is stopped, all open buy and sell orders on these pairs will be automatically cancelled.
Binance advised users to make sure they do not select the “Hide Small Balances” option in their wallets to view their holdings after trading has been stopped.
In addition, deposits made for these tokens after April 4, 2024 will not be reflected in users’ accounts.
Additionally, withdrawals of DREP, MOB and PNT tokens from the Binance platform will not be supported after 06:00 on July 3, 2024.
*This is not investment advice.