Altcoins
Binance will delist major altcoins in June
In the latest development, Binance has announced to remove and cease trading of major altcoins OmiseGO (OMG), Waves (WAVES), Wrapped NXM (WNXM) and NEM (XEM) which will take effect on June 17, 2024. The move is part of the Binance’s ongoing quality assurance processes to ensure that only the most reliable and secure assets are available on the platform. Several criteria for removal from the list included the level of activity of the altcoin’s development team, trading volume, liquidity, network stability, security, compliance with due diligence, and communication with the community.