BitMart announces delisting of 17 tokens
BitMart announces delisting of 17 tokens
Crypto exchange BitMart has announced the delisting of several digital assets and trading pairs.
This decision affects a broad range of tokens, including RWA, AGB, FERC, and MNDE, among others. The exchange cites strategic re-evaluation and compliance with regulatory standards as primary reasons for this move.
BitMart has decided to delist 17 cryptocurrencies from its platform, a significant move aimed at streamlining its offerings and ensuring compliance with evolving regulatory standards. The delisting, effective from June 10, 2024, impacts a diverse set of tokens.
Tokens and related trading pairs to be delisted: RWA_USDT, AGB_USDT, FERC_USDT, MNDE_USDT, DORKL_USDT, LIGO_USDT, VMPX_USDT, BINU_USDT, DACC_USDT, WOLF_USDT, AVAV_USDT, $DINO_USDT, SHOOTER_USDT, BIDEN2024_USDT, PSAT_USDT, BFT_USDT, RPK_USDT, VEMP_USDT, MMT_USDT
The exchange delists tokens, suspend the deposit feature, and trading pairs at 10:00 p.m. (UTC) on June 10th, 2024.
The withdrawal of above assets will be closed on August 3, 2024 (UTC).
Users holding these assets are advised to cancel their orders and withdraw their funds before above date to avoid potential inconveniences.
If user don't cancel their order in time, the system will cancel it and credit their account.
This move by BitMart follows a broader trend in the crypto industry, where exchanges are increasingly selective about the assets they list, influenced by regulatory pressures and the need to mitigate risks associated with less stable or illiquid tokens.
The exchange's focus on compliance and strategic asset management reflects a growing maturity in the crypto market, aiming to build trust and reliability among users and regulators alike.
See also: Australia looks to boost crypto sector development
