Binance To Delist BCN, CHAT, ICN, and TRIG Because Assets Falls Below Quality Standard
Binance keeps up with its strict reviews of already listed coins or tokens to ensure projects maintain a high standard of quality as Binance is doing all at a matter to protect its users.
To make things transparent crypto community was informed what lead to such decision. The announcement states, that these are the factors:
- Commitment of team to project
- Quality and level of development activity
- Network / smart contract stability
- Level of public communication and activity
- Responsiveness to our periodic due diligence
- Evidence of unethical / fraudulent conduct
- Contribution to a healthy and sustainable crypto ecosystem
Following these criteria delisting of these digital asset is planned at 2018/10/12 10:00 AM (UTC):
- Bytecoin (BCN)
- ChatCoin (CHAT)
- Iconomi (ICN)
- Triggers (TRIG)
Withdrawals of these coins and tokens from Binance will continue to be supported until 2018/11/12 10:00 AM (UTC).
Binance team keeps running these periodic reviews of all listed coins and tokens to ensure protections of its users as long-term, sustainable growth is the aim of the company.
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