Binance to Delist SUI, HMSTR, BNT, CYBER, and AEUR

Binance has announced the delisting of several tokens from its spot trading pairs, effective December 20, 2024, at 03:00 UTC. The affected tokens include SUI, HMSTR, BNT, CYBER, and AEUR, causing their prices to drop sharply in the aftermath.

Binance regularly conducts reviews to ensure listed tokens meet its liquidity and trading volume standards. Tokens failing to meet these criteria risk being removed. The impacted spot trading pairs are as follows:

• BNT/ETH
• CYBER/TUSD
• EUR/AEUR
• HMSTR/BNB
• SUI/TUSD

While these pairs will be delisted, Binance reassured users that the tokens will remain available for trading against other pairs on the platform.

Market Reaction: Tokens Drop Up to 10%

The delisting news has triggered immediate price declines for the affected tokens:

• Hamster Kombat (HMSTR): Fell 9%, trading at $0.0030.
• Sui (SUI): Dropped 6%.
• Bancor (BNT): Declined by 6%.
• Cyber (CYBER): Experienced a 7% drop.
• Anchored Coins (AEUR): Saw an 8% decrease.

The sharp declines reflect Binance’s significant influence on the market, as its announcements often drive investor sentiment and price action.

Spot Trading Bots to Be Discontinued

Binance has also confirmed that Spot Trading Bots for the delisted pairs will be discontinued starting December 20, 2024. Users are advised to update or cancel their trading bots to avoid potential losses.

Investor Impact and Conclusion

While Binance’s decision to delist certain pairs is part of its standard process to maintain platform quality, the announcement has caused a stir among investors, with significant price volatility for the affected tokens.

As the market adjusts, users are encouraged to monitor their positions and explore alternative trading pairs available on Binance.