Periodically, Binance checks digital assets added to the platform to ensure that they continue to meet the high standard. When identifying coins that no longer correspond to him, delisting is carried out.
This time, the exchange "excluded" five altcoins at once: CloakCoin (CLOAK), Modum (MOD), SALT (SALT), Substratum (SUB) and Wings (WINGS). About this Binance writes in his Twitter.
https://twitter.com/binance/status/1096320001634488320
Criteria for evaluating assets include:
Team devotion to the project;
The level and quality of development activities;
Network stability and smart contracts;
Social activity;
Responsiveness to requests of the exchange;
Evidence of unethical / fraudulent behavior;
Contribution to a healthy and sustainable cryptoecosystem.
“Based on our latest reviews, we decided to exclude from the list and stop trading on all trading pairs for the following coins and tokens 2019/02/22 at 10:00 AM UTC,” the exchange reports, listing the above coins.
Earlier, in October last year, Binance withdrew from the auction Bytecoin, Iconomi, ChatCoin and Triggers.
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