Binance Delisting Token: The Most Dangerous Coin in Crypto?

Binance, the exchange of number one cryptocurrencies in the world, has just started the second round of its delisting Binance campaign.

Seventeen token are on the cutting block, each marked with the feared label of “monitoring”. This experiment in crowd -based liability aims to tighten the screws on transparency and shake how the quotation decisions are made.

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Binance Delisting: the tokens in the revision phase

The vote just announced to eliminate the round examines 17 token, including FTT, Jasmy, Zec, Voxel, GPS and Wing.

The vote took place on April 10; We know what else is eliminated this week. Binance clarified that the vote is only open to the holders of accounts verified with a minimum of 0.01 BNB during the vote period.

Each user can vote up to five tokens, but Binance stressed that “the community’s feedback will not be the only decisive factor in the final decision”. Instead, the exchange will also evaluate metrics such as the volume of negotiation, the liquidity, the commitment of the team, the development activity and the compliance with the regulatory requirements.

Because Binance’s Delisting is strengthening its prices standards

The vote to eliminate the campaign comes in the middle of the wider pushing of binance towards more severe prices. In the last year, the exchange has increased the efforts to ensure that the tokens listed on its platform satisfy the most standard of transparency, development and protection of users.

For example, in its first vote to eliminate the beginning of this month, 14 submarine tokens were removed, including Bal, Cream and SNT. Binance has mentioned a slow development, a low commercial activity and conformity problems as key reasons for these decisions.

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There were less than 3,000 during the 2017-2018 wave. With over 36.4 million Altcoin in circulation, the market is exploding to seams and binance is trying to reincaricate.

How users can vote on the binance of the binance

Binance reserves the voting process for those who have verified accounts and quite BNB to eliminate spam. The results are not definitive, but influence the decisions of those who remain and those who get the boot.

For the microscope tokens, this is an alarm clock. Demonstrate value, increases metrics or disappears from the platform. For exchanges, this trend indicates a priority of quality control over the quantity, tightening the screws on a rapid and joint ecosystem.

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  • Seventeen token are on the cutting block, each marked with the feared label of “monitoring”. This experiment in crowd -based liability aims to tighten the markets.

  • Binance keeps the narrow reins on his vote, reserving the process for those who have verified accounts and quite BNB to eliminate the spam.

The post binance delishing token: the most dangerous coin in cryptocurrency? He appeared first out of 99bitcoin.

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