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Privacy Under Attack? Binance Delists Monero, Price Tanks


by CoinEdition

Share:

  • Monero (XMR) value plummets by 25% post-Binance delisting news.
  • Binance ends Monero trades and withdrawal support by May 20, 2024.
  • Oversold Monero market hints at price hikes despite ongoing selling pressure.

Binance has notified its users that it will delist Monero (XMR), a cryptocurrency known for providing privacy features. This has caused an uproar in the market, leading to a significant depreciation of Monero’s value, which currently stands at a six-month low.

XMR/USD 24-hour price chart (source: CoinStats)

Binance to Remove Monero Trading Pairs

Binance’s announcement outlined the delisting of Monero together with other tokens, including Aragon (ANT), Multichain (MULTI), and Vai(VAI). The listings will be removed on February 20, 2024. 

The delisting includes all Monero trading pairs, including those with major cryptocurrencies such as Bitcoin (BTC), Ether(ETH), Tether USDT) and Binance’s BNB coin. This action will automatically cancel all pending trade orders for these pairs after the cessation of trading activities.

Withdrawal Support and Conversion Concerns

The exchange further stated that delisted token withdrawal support will conc…

The post Privacy Under Attack? Binance Delists Monero, Price Tanks appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 87.90K

+2.35%

$ 2.98K

+5.90%

$ 436.87

+3.49%

$ 0.99947

0%

$ 848.65

+2.90%

Share:

In This News

Coins

$ 87.90K

+2.35%

$ 2.98K

+5.90%

$ 436.87

+3.49%

$ 0.99947

0%

$ 848.65

+2.90%

Share:

Read More

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Privacy Under Attack? Binance Delists Monero, Price Tanks


by CoinEdition

Share:

  • Monero (XMR) value plummets by 25% post-Binance delisting news.
  • Binance ends Monero trades and withdrawal support by May 20, 2024.
  • Oversold Monero market hints at price hikes despite ongoing selling pressure.

Binance has notified its users that it will delist Monero (XMR), a cryptocurrency known for providing privacy features. This has caused an uproar in the market, leading to a significant depreciation of Monero’s value, which currently stands at a six-month low.

XMR/USD 24-hour price chart (source: CoinStats)

Binance to Remove Monero Trading Pairs

Binance’s announcement outlined the delisting of Monero together with other tokens, including Aragon (ANT), Multichain (MULTI), and Vai(VAI). The listings will be removed on February 20, 2024. 

The delisting includes all Monero trading pairs, including those with major cryptocurrencies such as Bitcoin (BTC), Ether(ETH), Tether USDT) and Binance’s BNB coin. This action will automatically cancel all pending trade orders for these pairs after the cessation of trading activities.

Withdrawal Support and Conversion Concerns

The exchange further stated that delisted token withdrawal support will conc…

The post Privacy Under Attack? Binance Delists Monero, Price Tanks appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 87.90K

+2.35%

$ 2.98K

+5.90%

$ 436.87

+3.49%

$ 0.99947

0%

$ 848.65

+2.90%

Share:

In This News

Coins

$ 87.90K

+2.35%

$ 2.98K

+5.90%

$ 436.87

+3.49%

$ 0.99947

0%

$ 848.65

+2.90%

Share:

Read More

Снижение инфляции в США не помогло биткоину: что меняется на крипторынке

Снижение инфляции в США не помогло биткоину: что меняется на крипторынке

Биткоин С 12 по 19 декабря 2025 года биткоин снизился в цене на 3,67%. Удержаться вы...
Here’s How Much % Of Bitcoin Supply Is Currently Sitting In Losses

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On-chain analytics platform Glassnode has revealed the number of Bitcoin supply that ...