Binance to Delist 14 Tokens Amid Stricter Listing Standards and Community Feedback

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Luisa Crawford
Apr 08, 2025 06:25

Binance will delist 14 cryptocurrencies on April 16, 2025, as part of a broader effort to maintain quality standards and protect users.





Binance, the world’s largest cryptocurrency exchange by trading volume, announced plans to delist 14 tokens from its platform on April 16, 2025, as part of a broader effort to enhance listing standards and protect users from underperforming or non-compliant projects.

The move follows a comprehensive evaluation process, which included Binance’s first-ever “vote to delist” initiative, allowing community members to nominate tokens they believed no longer met the platform’s expectations for quality and performance.

Tokens Scheduled for Delisting

The following tokens will be removed from Binance:


Badger DAO (BADGER)
Balancer (BAL)
Beta Finance (BETA)
Cream Finance (CREAM)
Cortex (CTXC)
aelf (ELF)
Firo (FIRO)
Kava Lend (HARD)
NULS (NULS)
Prosper (PROS)
Status (SNT)
TROY (TROY)
UniLend (UFT)
VIDT DAO (VIDT)

Trading for these assets will cease on April 16, and users are advised to withdraw their holdings before any deadlines imposed by the exchange.

Key Evaluation Criteria

Binance cited multiple factors behind the delisting decision, including:


Low trading volume and liquidity
Weak development activity
Poor responsiveness to due diligence requests
Declining community engagement
Network instability
Failure to meet updated regulatory and compliance requirements

The exchange emphasized that its evaluation was not solely internal. The delisting vote gave its global user base a chance to flag tokens they believed lacked long-term value or credibility.

“Our priority is to protect users and maintain a high-quality trading environment,” Binance said in its April 8 announcement. “Tokens that fail to meet our standards over time are subject to removal.”

Tighter Rules Across the Industry

Binance’s move is part of a larger trend of stricter listing requirements across the cryptocurrency exchange industry. Over the past year, Binance has introduced several measures to improve transparency and investor protection. Notably, in March 2024, it extended its token “cliff period” — the mandatory holding time before early investors can sell — to a minimum of one year.

Other exchanges are following suit. In October 2024, Bitget revamped its listing process to prioritize metrics such as fully diluted valuation, lock-up periods, and the long-term viability of token projects. Meanwhile, South Korean exchanges have introduced new regulatory requirements that restrict the listing of newer local assets.

Oversupply of Tokens and Market Saturation

The delisting comes amid growing concerns over the oversupply of cryptocurrencies. The rise of memecoins and low-utility tokens has led to an explosion in the number of digital assets. According to CoinMarketCap, over 13.2 million cryptocurrencies are currently tracked — a number that may still underrepresent the total tokens in circulation.

 

What Users Should Do

Binance advises users holding any of the 14 tokens to:


Close positions and cancel open orders before trading ceases
Withdraw assets before the final withdrawal deadline
Stay updated via official Binance support channels

The exchange stated it will continue to monitor project performance and market conditions and may conduct further delistings if necessary.

Image source: Shutterstock



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