Binance has announced that instead of delisting, it will put crypto assets in the “innovation zone” to give such assets a second chance.
According to Binance’s announcement, on Wednesday, May 10, the marketplace will move 18 crypto assets to the “innovation zone”: AirDAO (AMB), Ark (ARK), BitShares (BTS), Drep (DREP), FTX Token (FTT), Gifto (GFT) ), JasmyCoin (JASMY), Loom Network (LOOM), Enzyme (MLN), OAX (OAX), OMG Network (OMG),
PERL.eco (PERL), pNetwork (PNT), SONM (SNM), Serum (SRM), Voyager Token (VGX), WazirX (WRX), and DFI.Money (YFII). This is due to the high volatility of the coins and the increased risk for investors.
Binance CEO Changpeng Zhao tweeted that instead of removing trading pairs with any “non-progressive crypto asset”, the exchange will move it to the innovation zone. If the indicators remain at the same level and do not improve, then the asset will be removed from the trading platform. As such, Binance is introducing an intermediate stage to enable risk assets to avoid delisting.
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