What led to the delisting of Bytom from Binance on March 19, 2018?

3 answers

• seorepoNov 24, 2020 · 5 years ago
  The 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.
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• sakthivelMar 07, 2021 · 4 years ago
  Bytom'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.
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• Amgad BassamJul 20, 2020 · 5 years ago
  The 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.
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