Coin security will be off the shelves of AION, MIR and ANC on February 27
It is reported that according to the announcement of Coin Security, according to the recent review, it was decided to get off the shelf and stop all transactions with AION, MIR and ANC at 09:00 (UTC) on February 27, 2023. The exact transaction pairs to be removed were AION/USDT MIR/BUSD and ANC/BUSD.
Interpretation of this information:
The announcement from Coin Security informs that it has decided to terminate all transactions involving three cryptocurrencies, namely AION, MIR and ANC. This decision was taken after a recent review of these cryptocurrencies. The deadline for getting off the shelf and stopping all transactions is 09:00 (UTC) on February 27, 2023. Only the specific transaction pairs mentioned in the announcement, AION/USDT, MIR/BUSD and ANC/BUSD, will be removed.
The decision to delist these cryptocurrencies is not unprecedented in the crypto world. In fact, exchanges frequently delist cryptocurrencies, and there are many reasons why they may do so. One of the most common reasons is that the cryptocurrency fails to meet the exchange’s standards in one way or another. For example, if a cryptocurrency is not performing well, or if there are concerns about its security or reliability, an exchange may choose to delist it. Sometimes, an exchange may also want to remove a cryptocurrency to focus on other, more popular coins.
Looking at this particular announcement, it is not clear why Coin Security has decided to delist AION, MIR and ANC. However, it is possible that the review has uncovered some issues with these cryptocurrencies that make them unsuitable for Coin Security’s platform. Whatever the reasons, it is clear that Coin Security has made a conscious decision to remove these coins from its platform, and that users who hold any of these cryptocurrencies will need to find alternatives.
In conclusion, Coin Security has delisted three cryptocurrencies, AION, MIR and ANC, citing a recent review that uncovered issues with these coins. The deadline for stopping all transactions involving these coins is 09:00 (UTC) on February 27, 2023, and only specific transaction pairs, AION/USDT, MIR/BUSD and ANC/BUSD, will be removed. Whether these coins will be delisted from other exchanges remains to be seen.
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