Binance crypto exchange has announced that it will be removing the VIDT/BTC trading pair, causing the price of VIDT to crash by nearly 40% in just one day.
The decision was announced on April 15, 2025, and the delisting would happen that same day at 08:30 UTC, earlier than initially planned. Binance explained that this move was due to a “periodic review” of the asset and its poor liquidity and trading volume, which were seen as risks for users.
“Binance is committed to ensuring a high-quality trading experience for its users,” the company said in its announcement.
The exchange went on to clarify how the decision came after a routine review of various cryptocurrencies listed on the platform.
VIDT’s performance, including low trading activity and liquidity, led to the decision to remove the asset. As soon as the news broke, the price of VIDT quickly dropped. It fell from around $0.003024 to $0.001838 in less than 24 hours, a drop of roughly 38%.
However, the price has since recovered a bit with a 16% surge to $0.002246. The trading volume has dropped by 67% to $4.45 million with an 11% surge in market cap, according to CoinMarketCap.
This sudden drop in VIDT’s value left many traders caught off guard. The exchange originally planned to delist the trading pair on April 16, 2025, but Binance moved the date up without prior warning.
“We are moving up the delisting to protect our users from potential risks,” Binance added. The exchange also pointed out that the decision was to maintain a safe and reliable platform.
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