Binance will end trading services for six altcoins — Across Protocol, Hashflow, PIVX, Vulcan Forged PYR, Vanar, and Viction — on August 17. The delisting news has already hit prices, with PIVX and PYR each falling 20% while the other four tokens posted smaller losses.
Binance will cut off trading for six altcoins on August 17, and the news has already hit prices. PIVX (PIVX) and Vulcan Forged PYR (PYR) each dropped 20% today, the steepest declines in the group, while the other four tokens fell by smaller margins.
The exchange carried out a review to confirm that every listed cryptocurrency still meets its standards and industry requirements. As a result, it will end all services with Across Protocol (ACX), Hashflow (HFT), PIVX (PIVX), Vulcan Forged PYR (PYR), Vanar (VANRY), and Viction (VIC) starting August 17. Withdrawing exchange support reduces availability and thins out liquidity, so the price reaction was not surprising.
A similar pattern played out at the end of June, when Binance delisted Alchemix (ALCX), Ardor (ARDR), NFPrompt Token (NFP), and Marlin (POND). NFP fell hardest, dropping 21% in a single day, while the other three tokens declined too, though by smaller margins.
Binance has been dealing with regulatory pressure in Europe, yet that has not slowed its global expansion. A month ago, it solidified its presence in the Philippines, a major crypto market with millions of users.
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