Binance to Delist HNT and WABI Tokens, Aiming for Better User Experience

03/17/2023 07:05 • Metaverse Matters • 101 views

On March 17th, according to an official announcement, Binance will take off the shelves of HNT and WABI and stop trading on HNT/BUSD and WABI/BTC trading pairs at 11:00 pm Beijing time on March 24th. After the transaction of each corresponding transaction pair is stopped, all transaction orders will be automatically deleted.

Binance will be taken off the shelves of HNT and WABI on March 24th

Analysis based on this information:

Binance, one of the leading cryptocurrency exchanges, announced that it would delist HNT and WABI tokens, effective from March 24th. As per the official statement, this move aims to streamline the user experience and optimize the exchange’s offerings.

According to Binance officials, these tokens no longer meet the exchange’s high standard of quality for listings. This delisting process follows careful consideration and continuous review of the tokens’ performance and market demand.

Once the delisting procedure begins, all HNT/BUSD and WABI/BTC trading pairs will be removed from the exchange market at 11:00 PM Beijing time, March 24th. Afterward, all transaction orders will be automatically terminated.

For users holding HNT or WABI tokens, Binance advises customers to withdraw their tokens before the withdrawal deadline, which is set for 11:00 PM (UTC+8) on April 2nd.

In recent months, Binance has strengthened its efforts to streamline its offerings and optimize its overall user experience. The exchange has implemented several process changes aimed at ensuring compliance and transparency, for instance, by adopting more rigorous KYC procedures.

Moreover, in response to regulatory scrutiny worldwide, Binance has delisted other risky or illicit tokens to comply with regulatory standards. The exchange has also taken several steps to maintain its high-security standards and ensure user assets’ safety.

For users who will be impacted by the HNT and WABI delisting, Binance has assured compensation in the form of air drops or other benefits. They should ensure to retake this opportunity before the deadline to benefit from the scheme fully.

In conclusion, Binance’s delisting of HNT and WABI tokens is part of the exchange’s ongoing commitment to optimize the user experience, streamline its offerings, and improve compliance in response to regulatory scrutiny worldwide.

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/03/17/binance-to-delist-hnt-and-wabi-tokens-aiming-for-better-user-experience/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Binance to Delist HNT and WABI Tokens, Aiming for Better User Experience

Binance will be taken off the shelves of HNT and WABI on March 24th

Recommended articles