Binance Alpha's Delisting Announcement
Binance, the world's largest cryptocurrency exchange, announced that it has removed a large number of altcoins from its private pool of pre-listing assets, Binance Alpha.
According to the company's statement, Binance Alpha will delist the following altcoins from the system starting today: CA, HAT, Aimonica, House, LMT, degenai, ALON, RIF, LUCE, ASRR, YNE, MAXONSOL, GRIFT, URO, PAIN, vvaifu, HAPPY, and MCH.
Trading Post-Delisting
Binance stated that users can still trade these tokens after their delisting. Transactions can be made through the "Asset > Alpha" tabs on the Binance Exchange Alpha account or via the "Market" tab in the Binance Web3 Wallet.
Rationale for Delisting
The exchange argued that this decision aims to improve the quality of pre-listing assets on Binance Alpha and strengthen investor confidence.
Understanding Binance Alpha
Binance's Alpha platform, launched following the rise of decentralized cryptocurrency exchanges, allows altcoins to be traded without an official listing. These tokens can then be listed on the spot market.