Top cryptocurrency exchange Binance announced that it will stop supporting four altcoins, leading to a significant drop in their market prices.
The four altcoins to be delisted on February 6th (Bulgarian time 00:00) are: BarinBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastar (POLS).
After the announcement, DOCK fell by nearly 30%, MDX dropped by 23.65%, while 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 delisting, and all existing trading orders will be automatically removed.
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Additionally, Binance is updating various services to completely remove these altcoins, including removing them from Simple Yields and Automatic Investment, ending margin trading for these tokens, and planning to delist them from Binance Convert and Binance Pay.
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