Cryptocurrency Q&A
Why is Helium not listed on Binance?
Why is Helium not listed on Binance?
Martino
Wed Jun 26 2024
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5 answers
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As a keen observer of the cryptocurrency market, I've noticed with interest that despite its promising technology and potential use cases, Helium is conspicuously absent from the list of assets available on the Binance exchange. This begs the question: why is Helium not listed on Binance? Could it be due to regulatory concerns in some jurisdictions? Is there a lack of demand for Helium among Binance's user base? Or is it a matter of the project not meeting Binance's rigorous listing criteria? With the popularity and influence of Binance, its exclusion of Helium certainly piques one's curiosity. Clarifying the reasons behind this omission would undoubtedly be of interest to many in the crypto community.
5 answers
Margherita
Fri Jun 28 2024
This announcement has sparked speculation among market participants, who have attempted to identify the potential reasons behind such a move.
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Valeria
Fri Jun 28 2024
Notably, the timing of BinanceUS's announcement coincides with helium's recent shift to the solana network. This transition has been viewed as a significant development in the cryptocurrency ecosystem.
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KimchiQueenCharmingKiss
Fri Jun 28 2024
Industry observers believe that helium's move to the solana network might have altered its risk profile in a way that prompted BinanceUS to reassess its position on the asset.
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Bianca
Fri Jun 28 2024
BinanceUS has recently notified its users that the "changes in a digital asset token's risk profile" can influence its decision to delist a particular asset from its trading pairs.
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Federico
Fri Jun 28 2024
BTCC, a UK-based cryptocurrency exchange, offers a wide range of services to its customers. These include spot trading, futures trading, and a secure digital wallet.
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