Binance will delist SNM, SRM, YFII, and their prices have experienced a decline.
Odaily News According to an official announcement, Binance will suspend trading and delist the following cryptocurrencies on August 22nd at 11:00 (UTC+8): Sonm (SNM), Serum (SRM), DFI.Money (YFII). Please note the following:
- The trading pairs that will be removed: SNM/BTC, SNM/BUSD, SRM/BUSD, YFII/USDT.
- After the trading suspension, all open orders will be automatically canceled.
- After the trading suspension, please unhide any small balance assets to see the above-mentioned cryptocurrencies.
- The deposit service for the aforementioned tokens will be terminated on August 23rd, 2023, at 11:00 (UTC+8). Deposits made after this time will not be credited.
- Users can withdraw their funds until November 22nd, 2023, at 11:00 (UTC+8). After that, the withdrawal function will be disabled.
- Delisted tokens will be converted into stablecoins (if applicable) after November 22nd, 2023, at 11:00 (UTC+8). The assets will be distributed to users' Binance accounts.
Due to the delisting news, the prices of the three tokens started to decline. According to market data, YFII dropped 13.61% to 632 USDT, SRM dropped 13.25% to 0.06 USDT, and SNM dropped by 5.92%.
- The trading pairs that will be removed: SNM/BTC, SNM/BUSD, SRM/BUSD, YFII/USDT.
- After the trading suspension, all open orders will be automatically canceled.
- After the trading suspension, please unhide any small balance assets to see the above-mentioned cryptocurrencies.
- The deposit service for the aforementioned tokens will be terminated on August 23rd, 2023, at 11:00 (UTC+8). Deposits made after this time will not be credited.
- Users can withdraw their funds until November 22nd, 2023, at 11:00 (UTC+8). After that, the withdrawal function will be disabled.
- Delisted tokens will be converted into stablecoins (if applicable) after November 22nd, 2023, at 11:00 (UTC+8). The assets will be distributed to users' Binance accounts.
Due to the delisting news, the prices of the three tokens started to decline. According to market data, YFII dropped 13.61% to 632 USDT, SRM dropped 13.25% to 0.06 USDT, and SNM dropped by 5.92%.
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