CLOAK, MOD, SALT, SUB and WINGS delisted from Binance

Binance has announced that it CLOAK, MOD, SALT, SUB and WINGS will be delisted on 2019/02/22 at 10:00 AM UTC. All of these are ERC20 tokens that run on Ethereum except CLOAK, which is, interestingly, an officially certified project.


Why is MOD being delisted from Binance?

On various social media accounts, some are saying that Modum token is now a security and worse version of a share – you have a piece of the company without any legal right or voting right. Add to that there is no volume and no general interest and you’ll get why this is getting delisted.

Modum team is equally shocked. They posted the following message on their telegram.

Binance just announced that they intend to delist the MOD Token. Unfortunately, we were not pre-informed by Binance about this decision. Our team is in contact with Binance to fully understand their motivation. We will keep you up to date. The potential delisting from Binance does not affect the listings on other exchanges.

* All trade orders will be automatically removed after trading ceases in each respective trading pair.
* To view your assets after trading ceases, please ensure you have not selected “Hide small assets” in your Funds page.
* Withdrawals of these coins and tokens from Binance will continue to be supported until 2019/05/22 at 10:00 AM UTC.