Breaking News: Binance Has Delisted These 14 Altcoins!
According to Binance's announcement, the altcoins that will be delisted on April 16, 2025 are: $BADGER , $BAL , $BETA , CREAM , CTXC , ELF , FIRO , HARD , NULS , PROS , SNT , TROY , UFT and VIDT . All of these altcoins will be removed from the spot market and their trading pairs will be deleted.
Binance initiated this move after the "Vote to Delist" vote. The exchange stated that the projects did not perform sufficiently in many criteria such as developer activity, transparency, community communication and liquidity. In particular, the possibility of fraud, low volume and the team's lack of interest in the project are among the main reasons affecting the delist decision.
Binance announced that it will stop services in many areas before the delist transactions in order to protect investors from potential losses. Margin transactions and futures transactions will be closed on April 14. Copy trading services will be disabled on April 15. Spot trading pairs will be completely removed on April 16.
In addition, withdrawals of these tokens will be possible until June 9, 2025. After this date, tokens can be automatically converted to stablecoins, but this is not guaranteed. Binance also warns users to close open transactions such as trading bots and leveraged transactions in a timely manner.
A total of 103,942 votes were cast in the delist vote. However, 10,262 votes were considered invalid. According to the remaining 93,680 valid votes, some projects such as TROY , PROS and SNT were seriously targeted and removed from the list. Projects such as UFT , HARD and CTXC also failed Binance's detailed assessment despite receiving high votes.
While all these developments caused panic in the markets, investors are warned to be careful against the sharp decline in the prices of altcoins that were removed from the list.
I'm waiting for your thoughts in the comments section.
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