Home News Binance to Delist, Halt Trading of BCHSV

Binance to Delist, Halt Trading of BCHSV

by user

Binance reported on its website that it will delist and cease trading on all trading pairs for Bitcoin SV or BCHSV on April 22, 10:00 a.m. UTC.

The cryptocurrency exchange will remove all trade orders of BCHSV once trading is completely discontinued.

However, Binance will still support withdrawals of the BCHSV coins and tokens until July 22.

The delisting is the result of an evaluation that the exchange conducted focusing on several factors such as commitment of team to project, level and quality of development activity, network/smart contract stability, level of public communication, responsiveness to periodic due diligence requests, evidence of unethical/fraudulent conduct, and contribution to a healthy and sustainable crypto ecosystem.

The move also came after Binance CEO Changpeng Zhao called out computer scientist Craig Wright for claiming to be the real Satoshi Nakamoto, a pseudonym for the individual or group of people who found Bitcoin.