![]() ![]() In a pattern similar to TRX, the price of SPELL declined 4.8% as a result of the delisting decision. SPELL, the other asset to be delisted from Binance US, is a reward token linked to abracadabra.money, a lending platform that users interest-bearing tokens as collateral to secure loans for its dollar-pegged stablecoin Magic Internet Money (MIM). The Tron Foundation didn’t immediately respond to Decrypt’s request for comment. This still represents a 4.7% drop over the day, the steepest decline among the crypto market’s top 50 assets, per CoinGecko. ![]() Immediately after the announcement, TRX, the market's 17th-largest cryptocurrency by market cap, fell to a three-week low of $0.062 before rebounding to $0.064 by press time. “When a digital asset no longer meets our high standards, or industry circumstances change, we conduct a more in-depth review of the affected asset and assess whether further action is necessary (i.e. “We operate in a rapidly evolving industry and our digital asset monitoring process is designed to be responsive to market and regulatory developments,” Binance US said in a statement. Binance.US Customer Support April 12, 2023 Currently, there are 359 coins and 1385 trading pairs available on the exchange. The platform has established itself as a trusted member of the crypto space, where users can buy, sell and store their digital assets, as well as. Trade Bitcoin For Free at Binance.US with our Referral Link: Trade Bitcoin for free for a limited time. What Is Binance Binance is the world’s largest crypto exchange by trading volume, with 76 billion daily trading volume on Binance exchange as of August 2022, and 90 million customers worldwide. $0.00039153 1.26% Terra Classic (Wormhole)Īt #BinanceUS, we periodically review each digital asset listed to ensure that it continues to meet the standard of excellence we expect.īased on our recent review, Spell (SPELL) & TRON (TRX) will be delisted from the platform on April 18, 2023. DEALS for Free BTC, High APY, and Trading Fee Discounts.
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