The world’s largest crypto exchange, Binance, has announced that it will cease all trading and delist Sonm (SNM), Serum (SRM) and DFI Money (YFII). The specific remaining trading pairs of the three cryptos that will be delisted include SNM/BTC, SNM/BUSD, SRM/BUSD and YFII/USDT.
The delisting of the three digital assets will come into effect on August 22, 2023, at 03:00 UTC.
Deposits of The Tokens Will Not be Credited
The Binance team added that beyond the deadline, SNM, SRM and YFII deposits will not be credited to its users’ accounts. Withdrawals of the tokens will not be supported after November 22.
After November 22, all users’ holdings of SNM, SRM and YFII will be converted to stablecoins.
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