Binance users must withdraw tokens delisted from the platform by October 29 or they will be automatically converted to the USDC stablecoin.
The affected coins include:
Go (GO);
Tornado Cash (TORN);
OMG Network (OMG);
Waves (WAVES);
NEM (SEE);
BarnBridge (BOND);
Dock (DOCK);
Mdex (MDX);
Polka starter (POLS);
Pundi X PURSE (PURSE).
If the conversion takes place, the equivalent amount of USDC will be credited to the account by April 28, 2025.
The exchange will send additional emails to all involved users.
In parallel, Binance published a reserve report, according to which customer deposits, represented by the largest digital assets, remain overcollateralized.
The trading platform had previously announced the conversion of other crypto assets that had been delisted. These included Monero, Multichain, Bitcoin Gold and a number of other coins. The deadline for their withdrawal was September 1.
Recall that at the beginning of the year, Binance classified privacy-oriented coins Zcash and Monero as high-risk crypto assets.
On February 20, the platform removed XMR from the list of trading instruments along with MULTI.
