Zhao Changpeng responds to QLC delisting: Binance does not notify projects in advance of delisting, QLC was delisted due to slow development

2023-04-12 09:13:23

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ChainCatcher news, the Web3 social media platform Kepple (formerly QLC Chain) tweeted: "The team has been waiting for Binance's decision for weeks, hoping to gain support for the QLC to KPL token swap, but unexpectedly got delisted by Binance without prior notice."

Binance founder Changpeng Zhao responded, stating that they do not notify project teams in advance about delisting, and the project teams have no reason to act/trade before users. Binance will notify all users uniformly. Additionally, they will regularly delist projects that fall below specific standards, such as having no active developers, no progress, etc.

Furthermore, Zhao explained in response to a user's tweet about the delisting of QLC: "I was informed that the project has not seen significant development for years, and was recently sold to another project, and currently does not meet our listing standards." (source link)

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QLC Binance Kepple

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