Binance Delists 12 Cryptocurrencies, Including MTP and PENGUIN

Binance has announced that it will delist 12 cryptocurrencies from its Alpha platform on September 4. The affected tokens include MTP, BDXN, TALE, BOS, MAIGA, TIMI, U (Union), SERAPH, RVV, AIAV, PENGUIN, and SN3.

The exchange has clarified that deposits for these assets will no longer be supported after the delisting takes effect, but users can still sell or withdraw their tokens. This means the announcement does not represent an immediate loss of funds for traders holding the affected cryptocurrencies.

Binance reviews its listed tokens regularly and evaluates them using factors such as trading activity, liquidity, development progress, market conditions, compliance considerations, and volatility risks.