What led to the delisting of Bytom from Binance on March 19, 2018?
KSOFeb 17, 2021 · 5 years ago3 answers
Can you explain the reasons behind the delisting of Bytom from Binance on March 19, 2018? What factors contributed to this decision?
3 answers
- seorepoJun 08, 2025 · 5 months agoThe delisting of Bytom from Binance on March 19, 2018 was primarily due to concerns over the project's compliance with regulatory requirements. Binance, like many other exchanges, has been taking steps to ensure that listed projects meet certain standards and comply with relevant regulations. In the case of Bytom, there were specific issues related to its legal and regulatory status that led to the decision to delist the token. It's important for exchanges to maintain a level of trust and transparency with their users, and delisting tokens that do not meet the necessary requirements is one way to achieve that.
- sakthivelAug 29, 2023 · 2 years agoBytom's delisting from Binance on March 19, 2018 was a result of a thorough review of the project's fundamentals and compliance with regulatory standards. Binance, being a reputable exchange, prioritizes the safety and security of its users' funds. In order to maintain a high level of trust, Binance evaluates listed projects on various parameters, including legal and regulatory compliance. Unfortunately, Bytom did not meet the necessary requirements, leading to its delisting. This decision was made in the best interest of the exchange's users and the overall integrity of the cryptocurrency market.
- Amgad BassamMay 07, 2024 · 2 years agoThe delisting of Bytom from Binance on March 19, 2018 was a significant event in the cryptocurrency industry. It highlighted the importance of regulatory compliance and the need for exchanges to carefully evaluate listed projects. Bytom, like any other project, went through a review process by Binance to ensure it met the necessary standards. However, it was found that Bytom did not comply with certain legal and regulatory requirements, leading to its delisting. This decision was made to protect the interests of Binance's users and maintain the exchange's reputation as a trusted platform.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
1 4331670How to Withdraw Money from Binance to a Bank Account in the UAE?
1 04540Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 13518The Best DeFi Yield Farming Aggregators: A Trader's Guide
0 02980ISO 20022 Coins: What They Are, Which Cryptos Qualify, and Why It Matters for Global Finance
0 02537PooCoin App: Your Guide to DeFi Charting and Trading
0 02395
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More Topics