I heard that Binance might delist a certain coin and I'm wondering what the consequences of such a move would be. Will the coin's value drop? Will it still be tradable on other platforms? What happens to investors who hold the delisted coin?
6
answers
KpopHarmonySoul
Mon Apr 28 2025
A coin's delisting from an exchange signifies its removal from the platform's trading options.
JejuSunshineSoulMateWarmth
Mon Apr 28 2025
Once delisted, the coin can no longer be bought or sold on that particular exchange.
JejuSunshine
Mon Apr 28 2025
This removal can have profound implications for the coin's liquidity.
noah_doe_writer
Mon Apr 28 2025
Liquidity refers to the ease of converting an asset into cash without significantly affecting its market price.
CherryBlossomDance
Sun Apr 27 2025
When a coin is delisted, its liquidity may suffer as traders seek alternative markets, often with less demand.