Binance Delisting Triggers Sharp Declines in QUICK and EPIC

Binance has announced plans to delist Epic Chain ($EPIC) and QuickSwap ($QUICK) following a periodic asset review, triggering sharp price declines across both cryptocurrencies as the exchange prepares to remove them from spot and derivatives trading.

According to data from CoinGecko cited by CryptoNews, $QUICK fell 19.67% over a 24-hour period to trade at approximately $0.008169, while $EPIC declined 10.54% to trade near $0.4001. Both tokens had previously been placed under Binance's Monitoring Tag due to risk characteristics.

Trading and Service Restrictions

Binance will automatically settle affected futures contracts on October 20 before removing spot trading pairs on October 28 at 03:00 UTC. Additional services such as margin borrowing, Binance Pool, and Binance Pay will face suspensions ahead of the spot removal.

Deposits will stop being credited on October 29, while withdrawals for both tokens will remain supported until December 28.

Listing Review Criteria

Binance stated that its latest review determined the tokens no longer met the exchange's requirements for continued listing. The review process assesses factors including trading volume, liquidity, development activity, project commitment, and regulatory compliance.

Key facts

• Binance will delist Epic Chain and QuickSwap on October 28.
• QuickSwap ($QUICK) dropped 19.67% over 24 hours following the announcement.
• Epic Chain ($EPIC) declined 10.54% over the same reporting period.
• Futures contracts for both assets will be settled automatically on October 20.
• Withdrawals will remain supported until December 28.