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 accordance 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) will probably 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’ll 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 declares 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 accordance with Binance, all commerce orders will probably be routinely 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 will probably be delisted after the settlement is full.
Delisting particulars
Binance Margin will probably 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 underneath the Portfolio Margin account will probably be routinely 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 checklist of supported cryptocurrencies on Binance Pay. On July 28, Binance will now 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 Fee Arbitrage Bot will shut all arbitrage methods and conduct an computerized settlement on the OCEANUSDT and AGIXUSDT symbols.