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Binance has announced the delisting of three projects, set to be removed from the exchange on August 22.
Binance has announced it will remove Sonm (SNM), Serum (SRM) and DFI.Money (YFII) from its exchange next week. The move comes following a prolonged bear market, coupled with low liquidity action in recent weeks.
Binance Delisting Hurts Projects
In the announcement, Binance cited that it regularly assesses projects listed on its platform and checks several key standards to ensure the exchange’s high standards are consistently met.
While no exact reason was supplied for each project, the list provided by Binance includes several possible reasons, seen below:
This is a developing story…
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