#Binance , the world's largest cryptocurrency exchange, has announced a critical decision that has shaken up the crypto markets. According to the official announcement, the BakeryToken (
$BAKE ), Hifi Finance (HIFI), and Self Chain (
$SLF ) projects will be completely removed from the exchange. This decision has serious implications for both users and investors in these projects.
📅 Critical Dates
September 9, 2025: BAKE, HIFI, and SLF positions will be closed on the Binance Margin, VIP Loan, and Flexible Loan side.
September 17, 2025: All spot trading pairs for these altcoins will be removed, and open orders will be canceled.
September 18, 2025: Deposits of these tokens to Binance will be completely suspended.
November 17, 2025: Withdrawals will cease, and users will no longer be able to withdraw their assets.
🔍 Reasons for Delisting
Binance makes these decisions after conducting regular project evaluations. The following factors are generally decisive:
A slowdown in project development activities,
A decrease in liquidity and trading volume,
Weakening community support,
Security or ethical issues,
Incompatibility with Binance's long-term vision.
While the official statement doesn't directly address the reasons, it appears that more than one of these factors is at play for
#bake , HIFI, and SLF.
⚡ Market Impact
According to CoinGecko data, prices dropped sharply following the announcement:
BAKE: 21.9% in value in the last 24 hours.
HIFI: 14.5%.
SLF: 22.8%.
This collapse once again demonstrated the profound impact Binance's delisting decisions have on investors.
🔮 Futures Side
While Binance has closed its spot market operations, it announced that BAKE, HIFI, and SLF contracts will continue to be traded on the Futures side. However, it also stated that "protective measures against excessive volatility" may be implemented. This may include instant trading restrictions or leverage limits.
🛑 Warnings for Users
Binance warned investors to avoid any inconvenience:
Open positions and orders must be closed before September 17th.
Token deposits will end on September 18th; transfers made after this date may be lost.
November 17th is the deadline for withdrawals, after which funds will no longer be accessible.
📌 Conclusion
Binance's delisting of BAKE, HIFI, and SLF indicates that the importance of these projects within the ecosystem has diminished. It is critical for investors to proceed with caution during this process and transfer their tokens to a secure wallet before the specified deadlines.
This development also proves that Binance still has the final say in the market, capable of changing the fate of a token with a single statement.
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