Binance has officially announced that it will delist Bitcoin SV from its list of supported tokens. The cryptocurrency exchange has given traders a one-week grace period to adjust to its decision.
Binance Officially Delists BSV
In a statement published on its website on Monday (April 15, 2019), Binance announced its decision to delist Bitcoin SV (Satoshi’s Vision). An excerpt from the statement reads:
At Binance, we periodically review each digital asset we list to ensure that it continues to meet the high level of standard we expect. When a coin or token no longer meets this standard, or the industry changes, we conduct a more in-depth review and potentially delist it. We believe this best protects all of our users.
This decision comes only a few days after Binance CEO, Changpeng Zhao, warned that the platform would delist BSV following the actions of Craig Wright – one of the major proponent of the altcoin.
#Binance Will Delist $BCHSVhttps://t.co/15eZYc7wan pic.twitter.com/R3X389ZfM6
— Binance (@binance) April 15,…