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Market News

Binance to Delist 14 Tokens After Community Vote

Written By Iyiola Adrian
Fact Checked by Jahnu Jagtap
Published 2025-04-09
Make The Crypto Times preferred on GoogleGoogle
Binance to Delist 14 Tokens After Community Vote

Binance is removing 14 tokens from its exchange on April 16, 2025, at 03:00 UTC. After that, trading for those tokens will stop. Users can still take out their tokens until June 9, 2025, but they won’t be able to deposit or trade them anymore.

This move comes after Binance’s first-ever “Vote to Delist,” where users helped pick which tokens should be reviewed. Binance also did its own checks before deciding. 

The exchange said the decision was based on several factors, such as how active the development is, trading volume, team commitment, liquidity, and how they responded to Binance’s compliance checks. It also considered community input from the new voting feature launched in 2025.

Binance to delist 14 tokens
Binance to delist 14 tokens | Source: x.com/binance

The 14 tokens being delisted are: 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), and VIDT DAO (VIDT).

During the vote, more than 103,000 votes were sent in from over 24,000 users. After filtering out fake or invalid votes, around 93,000 were counted. TROY got 4,985 votes to be removed, and SNT got 3,533. Tokens like BADGER and BAL also made the list.

Interestingly, $FTT got more than 10,000 votes to be removed but wasn’t delisted. That caused some users to question how Binance makes its final decisions.

The “Vote to Delist” system is new. Anyone with at least 0.01 BNB can vote, but Binance still makes the final call. It’s meant to give users more say while keeping quality in check.

Binance has also made its listing rules stricter over the past year. In March 2024, it made new tokens wait at least one year before they can be sold. 

Other platforms, like Bitget and South Korean exchanges, are doing something similar because of growing regulation and too many low-quality coins.

Also Read: Bitcoin drops 5% as US imposes 104% tariff on China

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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