{"id":16019,"date":"2024-08-12T12:15:37","date_gmt":"2024-08-12T09:15:37","guid":{"rendered":"https:\/\/forklog.com\/en\/binance-sets-deadline-for-withdrawal-of-delisted-monero-and-other-tokens\/"},"modified":"2024-08-12T12:15:37","modified_gmt":"2024-08-12T09:15:37","slug":"binance-sets-deadline-for-withdrawal-of-delisted-monero-and-other-tokens","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/binance-sets-deadline-for-withdrawal-of-delisted-monero-and-other-tokens\/","title":{"rendered":"Binance Sets Deadline for Withdrawal of Delisted Monero and Other Tokens"},"content":{"rendered":"<p>The option to withdraw Monero, Multichain, Bitcoin Gold, and several other cryptocurrencies removed from Binance&#8217;s listing will remain available until September 1, 2024, <a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/notice-on-the-withdrawals-of-delisted-tokens-conversion-of-selected-tokens-to-usdc-2024-08-12-9ec5cabbc8974a1c8890e1c9d87a98a7?hl=en\">announced<\/a> the exchange.<\/p>\n<p>After this deadline, the platform will take a snapshot of the relevant user balances and convert the assets into the stablecoin USDC. Equivalent amounts will be credited to wallets by March 1, 2025.<\/p>\n<p>The full list of affected tokens includes:<\/p>\n<ul class=\"wp-block-list\">\n<li>Bitcoin Gold (BTG);<\/li>\n<li>Bitcoin Standard Hashrate Token (BTCST);<\/li>\n<li>Bitshares (BTS);<\/li>\n<li>District0x (DNT);<\/li>\n<li>Groestlcoin (GRS);<\/li>\n<li>Hegic (HEGIC);<\/li>\n<li>MobileCoin (MOB);<\/li>\n<li>Monero (XMR);<\/li>\n<li>Monetha (MTH);<\/li>\n<li>Multichain (MULTI);<\/li>\n<li>Navcoin (NAV);<\/li>\n<li>Sologenic (SOLO);<\/li>\n<li>Spartan Protocol (SPARTA);<\/li>\n<li>Symbol (XYM);<\/li>\n<li>Tribe (TRIBE).<\/li>\n<\/ul>\n<p>Binance no longer supports deposits in the aforementioned tokens. <\/p>\n<p>During the conversion period, users will not be able to view assets in their wallets. The exchange will notify users individually via email about the USDC transfer.<\/p>\n<p>Binance also <a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/binance-will-delist-cvp-epx-for-loom-reef-vgx-on-2024-08-26-e2fcd2c945654c8d832395335429403e\">announced<\/a> the delisting of the following cryptocurrencies from August 26:<\/p>\n<ul class=\"wp-block-list\">\n<li>PowerPool (CVP);<\/li>\n<li>Ellipsis (EPX);<\/li>\n<li>ForTube (FOR);<\/li>\n<li>Loom Network (LOOM);<\/li>\n<li>Reef (REEF);<\/li>\n<li>VGX Token (VGX);<\/li>\n<\/ul>\n<p>After this date, it will not be possible to deposit these tokens into any exchange wallets. Withdrawals will remain available until November 27. <\/p>\n<p>Earlier this year, Binance categorized privacy-focused coins Zcash and Monero <a href=\"https:\/\/u1f987.com\/en\/news\/binance-labels-zcash-and-monero-as-high-risk-assets\">as high-risk crypto assets<\/a>.<\/p>\n<p>On February 20, the platform <a href=\"https:\/\/u1f987.com\/en\/news\/monero-price-drops-15-following-binance-delisting-announcement\">removed<\/a> XMR and MULTI from its list of tradable instruments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The option to withdraw Monero, Multichain, Bitcoin Gold, and several other cryptocurrencies removed from Binance&#8217;s listing will remain available until September 1, 2024, announced the exchange. After this deadline, the platform will take a snapshot of the relevant user balances and convert the assets into the stablecoin USDC. Equivalent amounts will be credited to wallets [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1166,1286,513],"class_list":["post-16019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-centralized-exchanges-cex","tag-listing","tag-monero"],"aioseo_notices":[],"amp_enabled":true,"views":"80","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=16019"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16019\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/16018"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=16019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=16019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=16019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}