Binance Exchange will remove three assets from its platform

Cryptocurrency exchange Binance has announced the upcoming removal of three assets from its platform. July 20 delisting will besubjected to Aeron (ARN), Etherparty (FUEL), Lunyr (LUN) and their corresponding trading pairs ARN / BTC, ARN / ETH, FUEL / BTC, LUN / BTC.

According to the announcement, these tokens were allocated in the course of the current assessment of assets listed on the exchange as having ceased to meet its requirements.

Expected announcement of a major exchange delistingcaused a decrease in the exchange rates of the respective assets. More than others, ARN suffered, the price of which instantly dropped by 80% before partially recovering. The fall in FUEL and LUN was 20% and 10%, respectively.

All three projects conducted ICOs in 2017. Aeron then managed to raise $ 5 million, Etherparty - $ 34 million, and Lunyr - $ 3.4 million. Since the crowdfunding campaigns, their tokens have fallen in price many times over. FUEL, for example, at the ICO cost $ 0.10, and now - only $ 0.003.

Binance also announced the listing of new tokensfor margin trading ETHUP and ETHDOWN. They will allow you to open positions on Ethereum with a leverage of up to 3x paired with USDT. Previously, users had access to similar tokens to open positions on bitcoin.

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