Binance, the world’s largest cryptocurrency exchange, has announced that it will delist 14 tokens from its platform on April 16, following the results of its first-ever “Vote to Delist” campaign a move aimed at increasing transparency and community involvement in the exchange’s token evaluation process.
The Tokens Being Delisted
The tokens slated for removal are:
BADGER, BAL, BETA, CREAM, CTXC, ELF, FIRO, HARD, NULS, PROS, SNT, TROY, UFT, and VIDT.
In an official announcement, Binance said the decision was made based on a combination of internal assessments and community voting results. The delisting campaign marks the first time Binance has invited users to participate directly in deciding which tokens should remain on the platform.
The Voting Process
From the launch of the initiative, more than 24,000 users participated, casting over 103,000 votes. After filtering out ineligible entries, Binance validated approximately 93,000 votes. Only users who held at least 0.01 BNB were eligible to vote.
Binance cited several reasons for delisting the tokens, including:
- Low trading volume
- Lack of ongoing development or innovation
- Weak community support
- Non-compliance with internal or regulatory requirements
The exchange also clarified that tokens not removed in this round are still under review and could face future delisting if they fail to meet Binance’s evolving standards.
What Happens Next?
All trading pairs associated with the 14 tokens will be removed at 03:00 UTC on April 16, and deposits will be suspended shortly before the delisting takes effect.
However, withdrawals will remain open until June 9, 2025. After this period, Binance may automatically convert any remaining balances of the delisted tokens into stablecoins, depending on market conditions.
Regulatory Pressures and Recent Precedents
The move comes in the context of heightened regulatory scrutiny. On March 31, Binance delisted several Tether (USDT) spot trading pairs in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets (MiCA) regulation. MiCA introduces stringent requirements on transparency, security, and anti-money laundering compliance for crypto assets operating in the EU.
As global regulatory frameworks mature, exchanges like Binance are under pressure to adopt tighter compliance protocols, making them more selective about which assets are supported on their platforms.
Bottom Line:
Binance’s first “Vote to Delist” campaign signals a new era of community governance and regulatory alignment. As digital asset markets evolve, so too will the criteria for token listings, leaving both projects and investors to adapt to a more mature, regulated ecosystem.
