Anchor Protocol (ANC), Mirror Protocol (MIR) and Aion (AION) cryptocurrencies began to fall after the announcement of their delisting from the Binance exchange. The largest crypto exchange reportedwhich will remove tokens from its platform on February 27, writes RBC Crypto.
Anchor Protocol and Mirror Protocol are the cryptocurrencies of the DeFi services of the same name on the Terra blockchain. At the end of December last year, Binance removed all trading pairs with these tokens, except for the pair with the BUSD stablecoin it supports. After the announcement of the full delisting, the ANC rate fell by 16%, from $0.048 to $0.04, the price of MIR dropped by 10%, from $0.169 to $0.152.
Aion is the token of the Canadian public network The Open Application Network (OAN), aimed at providing the public with an open environment for developing decentralized applications (dAPPs). After the announcement of the delisting on Binance, the AION price fell by 15%, from $0.04 to $0.34.
Binance periodically reviews every asset listed on its platform to ensure that it continues to meet its “high level of standards,” it said. According to the exchange, removing coins or tokens that no longer meet these standards protects users.
According to the announcement of the crypto exchange, trading in the three cryptocurrencies will be stopped on February 27. From February 28, deposits in these tokens will no longer be credited, and their withdrawal from the platform will be possible until May 28.
Last week, the issuer of the Binance USD (BUSD) stablecoin, Paxos, stopped issuing this token at the request of the US Securities and Exchange Commission (SEC). After that, the head of Binance, Changpeng Zhao, said that the exchange – although it will continue to support BUSD for the foreseeable future – will adjust its product line, for example, it may abandon the token as the main asset in trading pairs on the site.
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