Top cryptocurrency exchange Binance announced that it will stop supporting four altcoins, causing a significant drop in their market prices.
The four altcoins to be delisted on the 6th of the 22nd month (Bulgarian time 00:00) are: BarinBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastar (POLS).
After the announcement, DOCK fell nearly 30%, MDX fell 23.65%, and BOND and POLS experienced a decline of over 17%. This delisting is part of the exchange’s regular review process, which sometimes involves adding tokens to monitoring before removing them.
Trading pairs such as BOND/BTC, DOCK/USDT, MDX/USDT, and POLS/USDT will be temporarily suspended after being delisted. All existing trading orders will be automatically removed.
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In addition, Binance is updating various services to completely remove these altcoins, including removing them from yield farming and automatic investment, ending margin trading for these tokens, and planning to delist them from Binance Convert and Binance Pay.
