Good morning.

Binance has decided to delist most HNT trading pairs but you may continue to spot trade with the HNT/BUSD pair.

Binance has said it is because they do periodic reviews of each digital asset to make sure it continues to meet a high standard. They stated that Helium lying about their partnerships and the windfall payouts Helium executives gave to themselves (The value of these earnings peaked at millions of dollars, and were separate from token shares already guaranteed to the company and its investors) are partly why they chose to do this.

Helium has said it still reaches the standards it needs too, and hopes Binance will reverse their decision. 

Some people think it is more about Binance's mistake of classifying the MOBILE token (Heliums new 5G token) as HNT, causing the exchange to transfer 4.8 million HNT to users at a loss of approximately $19 million. This also effected the price of HNT as there was a massive drop from people selling the HNT they recieved instead of the MOBILE token.

At 2022-10-07 03:00 (UTC), Binance will suspend HNT/BUSD and HNT/USDT cross and isolated margin borrowing.

HNT holders have been told to cancel any trading pairs they have open or Binance will set an automatic settlement and cancel all pending orders. They reccomend you do this before 2022-10-12 03:00 (UTC) to avaoid any losses.

Although I do not know the in's and out's of how to get a token listed on an exchange, I imagine there have been a lot of discussions between Helium and Binance regarding the error that occured and this is the end result.

For me it is an incovenience but there are other exchanges we can use and we are not currently trading a great deal with the HNT we still earn.

As always, thank you for reading and feel free to comment