Prices of TORN etc. plummet

On the 27th, the overseas virtual currency exchange Binance notified the delisting of four virtual currency stocks as ineligible.

Targets are BitShares (BTS -45%), PERL.eco (PERL -56.6%), Tornado Cash (TORN -55%), and Walton Chain (WTC -58.2%) from 12:00 on December 7th Japan time. Trading will be suspended. Following delisting, all of these stocks have plummeted.

Binance regularly reviews listed stocks and delists stocks that do not meet the conditions.

connection: Coinbase announces second virtual currency stock delisting this week

Recently, Coinbase and KuCoin have also been actively delisting their stocks.

connection: Exchange KuCoin to delist nine virtual currency stocks

New futures contracts too

Meanwhile, Binance is also launching new futures contracts for the stock.

From the 26th to the 27th, we started new SUPER USDT perpetual trading, USTC USDT perpetual trading, and ONG USDT perpetual trading. These perpetual contracts can have up to 50x leverage.

Furthermore, Binance has been handling the above three stocks as physical stocks for some time.

connection: Overseas version of Binance opens spot trading market for virtual currency BLUR

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・iOS17 compatible
・Improved display of in-app WebView
・Improved behavior when tapping notifications
Such… pic.twitter.com/Y8dikLRBe7

— CoinPost (virtual currency media) (@coin_post) November 15, 2023

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