• April 23, 2024

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Helium Criticizes Binance’s Delisting of its HNT Token

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Crypto exchange Binance has “no reason” to remove trading pairs with the Helium Network Token (HNT) from the platform, according to the operating director behind the development of the Helium Foundation project Scott Siegel.

His comment follows Binance’s announcement of delisting from October 12-14 of several pairs with HNT on the spot and margin platforms.

The exchange spokeswoman Jessica Jung has said that all listed assets are periodically reviewed for compliance and has added:

“When a coin or token no longer meets this high standard, or there is a change in the industry, we will take a closer look and possibly delist it to protect our users.”

Siegel has responded that “there is no reason for Binance to remove pairs from HNT.”