Representatives of the exchange do not report on the reasons for delisting

​Binance announces delisting of pairs with ANC, MIR, TORN, and YFII on December 27

21.12.2022 - 11:25

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2 min

What’s new? Cryptocurrency exchange Binance has announced the removal of eight trading pairs on December 27. These are spot pairs ANC/BNB, ANC/BTC, ANC/USDT, MIR/BTC, MIR/USDT, TORN/BTC, TORN/USDT, and YFII/BTC. The exchange does not indicate the reasons for the removal of the pairs. It is known that Binance periodically conducts reviews and removes assets from trading if they no longer meet the platform’s standards.

Announcement on the Binance blog

Delisting details. Representatives of the platform stressed that all of the aforementioned assets will be available for trading in other pairs available on the exchange. Until December 27, 03:00 UTC, users are strongly advised to update and/or cancel their trading strategies before the termination of services to avoid possible losses.

What is known about the assets? ANC is the native token of Anchor Protocol, a protocol for lending and borrowing, which also offers deposits in various digital assets and income payments on them. ANC is trading at $0,03114 as of December 21, 11:30 UTC, down by 14% in 24 hours.

MIR is the token of Mirror Protocol. It can be used to create assets that track the value of other assets in real-time. The token is also used to vote on community offerings. The value of MIR is $0,10244 (-5,08%).

TORN is the token of the decentralized mixer Tornado Cash, designed to anonymize transactions. The service was banned by the US authorities in August 2022. The asset is used to vote on upgrades and protocol fixes. The price of TORN has fallen by 8,8% in 24 hours to $3,89.

YFII is the token of DFI.money, a DeFi platform to maximize investment returns by automatically executing strategies. The coin is trading at $1215, adding 0,33%.

On December 15, representatives of the Mithril platform demanded a deposit refund of 200 000 BNB from Binance for placing the MITH token due to the delisting of the asset. Binance CEO Changpeng Zhao refused to return the deposit, stating that the platform has the right to withdraw funds for placement in case the price of the asset falls below a certain point, or in connection with the risks to users.

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