Binance, one of many world’s main digital asset exchanges, has introduced the delisting of AI crypto spot buying and selling pairs particularly for AI tokens Ocean Protocol (OCEAN) and SingularityNET (AGIX).
In line with an official announcement, Binance will delist and stop buying and selling on all spot buying and selling pairs for OCEAN and AGIX on July 1, 2024, at 3:00 a.m. (UTC). Deposits and withdrawals of Ocean Protocol (OCEAN) and SingularityNET (AGIX) might be suspended on July 1, 2024, at 3:30 a.m. (UTC).
Binance can even be terminating Buying and selling Bot providers for the aforementioned spot buying and selling pairs on the mentioned date.
Binance introduced that it’s going to help the Ocean Protocol (OCEAN) and SingularityNET (AGIX) token merge to Fetchai (FET) utilizing the brand new venture identify Synthetic Superintelligence Alliance. Binance will delist and stop buying and selling on all spot buying and selling pairs for OCEAN and AGIX.…
— Wu Blockchain (@WuBlockchain) June 20, 2024
The choice comes as Binance proclaims help for the Ocean Protocol (OCEAN) and SingularityNET (AGIX) token merge to Fetch.ai (FET), utilizing the brand new venture identify Synthetic Superintelligence Alliance.
The precise buying and selling pairs being eliminated are AGIX/BTC, AGIX/FDUSD, AGIX/TRY, AGIX/USDT, OCEAN/BNB, OCEAN/BTC, OCEAN/TRY and OCEAN/USDT.
In line with Binance, all commerce orders might be mechanically eliminated after buying and selling ceases in every respective buying and selling pair.
As well as, Binance Futures will shut all positions and conduct an computerized settlement on the OCEANUSDT and AGIXUSDT USDⓈ-M Perpetual Contracts on June 25, 2024, at 9:00 a.m. (UTC). The contracts might be delisted after the settlement is full.
Delisting particulars
Binance Margin might be delisting the AGIX/BTC, AGIX/USDT, OCEAN/BTC and OCEAN/USDT cross margin and remoted margin pair(s) on June 26, 2024, at 6:00 a.m. (UTC). All OCEAN and AGIX balances within the Cross Margin Pockets below the Portfolio Margin account might be mechanically transformed to USDT from this date.
On July 1, 2024, at 3:00 a.m. (UTC), Binance will take away OCEAN and AGIX from the record of supported cryptocurrencies on Binance Pay. On July 28, Binance will not help the creation of OCEAN or AGIX present playing cards.
Binance Auto-Make investments will delist OCEAN and AGIX after June 18 at 3:00 a.m. (UTC). On June 20 at 3:00 a.m. (UTC), Purchase & Promote Crypto will delist OCEAN, AGIX and all related pairs.
On June 25 at 9:00 a.m. (UTC), Binance Funding Charge Arbitrage Bot will shut all arbitrage methods and conduct an computerized settlement on the OCEANUSDT and AGIXUSDT symbols.
