Following up on its CEO and Founders’ previous threat to, Binance has announced plans to delist Bitcoin SV from its platform. As such, one of the two product of the BCH hard fork in November 2018, popularly known across trading platforms as BCH SV will no longer be available on the Binance for trading.
Binance CEO Made Some Threats
This move by the top crypto exchange is following a recent threat made by CZ, Binance CEO a while ago. Then CZ made a public vow that he was going to delist Bitcoin SV from Binance, unless the face of the project and its known leader, Craig Wright, stop claiming he is Satoshi Nakamoto and stops suing those who do not agree with his claims.
Bitcoin SV No Longer meet Binance’s Standard
This is not the first time Binance will be delisting popular crypto from its platform. The team is keen on maintaining a safe platform for its users and also ensure the serenity of the crypto ecosystem. As a result of this, any project which doesn’t meet its set standard is kicked off the platform.
Going by Craig’s recent moves to use Twitter user Hodlonaut, and anyone else who opposes his claim as Satoshi Nakamoto without any real “proof”, the project no longer meets Binance’s standard for “unethical/fraudulent conduct.”
The exchange’s announcement reads that:
“Deposits and withdrawals with BSV will be supported until April 22, 10:00 AM UTC.
Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following coin on 2019/04/22 at 10:00 AM UTC:
Bitcoin SV (BCHSV)”
The announcement continued that:
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 2019/07/22 at 10:00 AM UTC.”