Binance to Delist Bluzelle (BLZ) and WazirX (WRX) on Christmas Day
- Binance has announced it would delist BLZ and WRX from its trading platform.
- BLZ and WRX declined significantly following Binance’s delisting announcement.
- The delisting exercise is in line with Binance’s routine.
Binance, the largest crypto exchange by trading volume, has announced it would delist Bluzelle (BLZ) and WazirX (WRX) from its trading platform. In a blog post, the exchange said this delisting is part of its routine process of removing tokens that don’t meet its standards.
According to the update, Binance will delist BLZ and WRX on Christmas Day, December 25, 2024, and remove the BLZ/BTC, BLZ/USDT, and WRX/USDT trading pairs from the platform. Binance’s announcement escalated BLZ’s price decline after the initial days of dropping sharply after a notable rally.
BLZ surged 140% in November during a market rally. But the token fell 38% on December 9. It recovered slightly before resuming its decline. BLZ has lost around 45% of its value in the past week. The Binance news could trigger further decline for the token.
WazirX (WRX) Also Affected
In the meantime, WRX, the utility token of the embattled WazirX cryptocurrency exchange, exper…
The post Binance to Delist Bluzelle (BLZ) and WazirX (WRX) on Christmas Day appeared first on Coin Edition.
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Binance to Delist Bluzelle (BLZ) and WazirX (WRX) on Christmas Day
- Binance has announced it would delist BLZ and WRX from its trading platform.
- BLZ and WRX declined significantly following Binance’s delisting announcement.
- The delisting exercise is in line with Binance’s routine.
Binance, the largest crypto exchange by trading volume, has announced it would delist Bluzelle (BLZ) and WazirX (WRX) from its trading platform. In a blog post, the exchange said this delisting is part of its routine process of removing tokens that don’t meet its standards.
According to the update, Binance will delist BLZ and WRX on Christmas Day, December 25, 2024, and remove the BLZ/BTC, BLZ/USDT, and WRX/USDT trading pairs from the platform. Binance’s announcement escalated BLZ’s price decline after the initial days of dropping sharply after a notable rally.
BLZ surged 140% in November during a market rally. But the token fell 38% on December 9. It recovered slightly before resuming its decline. BLZ has lost around 45% of its value in the past week. The Binance news could trigger further decline for the token.
WazirX (WRX) Also Affected
In the meantime, WRX, the utility token of the embattled WazirX cryptocurrency exchange, exper…
The post Binance to Delist Bluzelle (BLZ) and WazirX (WRX) on Christmas Day appeared first on Coin Edition.
Read More