Binance will remove tokens $ALPACA , $PDA, $VIB and $WING (02.05.2025)
This is a general announcement. The products and services described here may not be available in your region.
Dear Binance community members,
Binance periodically reviews all digital assets listed on the exchange to ensure that they continue to meet our high standards and industry needs. If a coin or token no longer meets the standards, or if the industry situation has changed, we conduct a comprehensive analysis, after which we may decide to delist the asset. Our priorities are to provide the best service and protect users, as well as to continually adapt to changing market dynamics.
When conducting such verifications, we take a number of factors into account. Below are the updated indicators that we consider. They influence our decision regarding the delisting of a digital asset:
Team commitment to the project.
Level and quality of development.
Trading volume and liquidity.
Stability and security of the network in case of attacks.
The level of public communication, community engagement, and transparency.
Responses to our inquiries for verification purposes.
Evidence of unethical/illegal behavior or negligence.
New regulatory requirements.
Significant/unreasonable increase in the number of tokens or changes in tokenomics.
The impact of changes in the ownership structure of the project or in the composition of key team members.
Community sentiment.
Based on our latest reviews, we have decided to cease trading in all spot trading pairs for the following tokens and remove them on 02.05.2025 at 06:00 (UTC+3):
Alpaca Finance (ALPACA)
PlayDapp (PDA)
Viberate (VIB)
Wing Finance (WING)
Notes
The delisting schedule may or may not apply to the products listed below, depending on their connection to the removed tokens.
There may be discrepancies between the translation and the original article in English. To obtain the most current and accurate information in this case, read the original version of the announcement.
Spot
The spot trading pair(s) of the specified token(s) will be removed.
All trading orders will be automatically canceled after trading in each of the specified trading pairs has ceased.
Binance will stop the trading bot service for the specified spot pairs on 02.05.2025 at 06:00 (UTC+3) if applicable. Users are strongly advised to change their trading bot settings and/or stop them before the service is disabled to avoid potential losses.
The Binance spot copy trading service will remove the specified spot trading pairs on 01.05.2025 at 06:00 (UTC+3). After this, any remaining assets will be forcibly sold at market price or transferred to spot accounts if they cannot be sold. Users are strongly advised to modify or remove their spot copy trading portfolios before the asset delisting on the Binance spot copy trading platform to avoid potential losses.
Accounts
After the delisting of a token, its value will no longer be displayed in users' accounts. To see their assets after trading has ceased, users must ensure that they have not selected the option to 'Hide low-value balances' on all their accounts.
Deposit of these tokens will not be credited to users' accounts after 03.05.2025 06:00 (UTC+3).
Withdrawal of these tokens from Binance will not be supported after 04.07.2025 06:00 (UTC+3).
Removed tokens can be converted into stablecoins on behalf of users after 05.07.2025 06:00 (UTC+3). Please note that conversion of removed tokens into stablecoins is not guaranteed. We will make a separate announcement regarding the conversion (if applicable). After conversion, stablecoins will be credited to users' accounts on Binance.
Futures
Binance Futures will close all positions and conduct automatic settlement for contracts with the specified tokens on 30.04.2025 at 12:00 (UTC+3). After the settlement, the contracts will be removed. To avoid automatic settlement, it is recommended to close all open positions before delisting. Users will not be able to open new positions with contracts involving the specified tokens starting from 30.04.2025 11:30 (UTC+3). For user protection and to prevent potential risks in extremely volatile market conditions, Binance Futures may take additional protective measures concerning contracts with the specified tokens without additional notice, which may include adjusting the maximum leverage, position value, and maintenance margin at each margin level, changing funding rates such as interest rate, premium, and maximum funding rate, changing components of the price index, and using the last price protection mechanism to update the mark price.
Funding rate arbitrage bot
On 30.04.2025 at 12:00 (UTC+3), the Binance funding rate arbitrage bot will close all arbitrage strategies and conduct automatic settlement for trading pairs with the specified tokens. After delisting, you will not be able to open new arbitrage strategies in these pairs.
Simple Earn
Binance Simple Earn will remove the specified tokens after 01.05.2025 06:00 (UTC+3). Users may withdraw funds from products with flexible and fixed terms in advance. Otherwise, we will automatically close positions with the specified products with flexible and fixed terms at the above-mentioned time and transfer the assets to users' spot wallets along with the accrued rewards.
Bilateral investments.
Binance bilateral investments will cease support for the specified tokens. Users will not be able to subscribe to these products starting from 11:00 (UTC+3) the following Friday.
Unfinished subscriptions will be returned the following Friday at 11:00 (UTC+3). Assets, including rewards, will be credited to users' spot wallets within 4 hours. Rewards will be calculated based on the actual subscription period (for example, if on 01.05.2025 a user subscribed to bilateral investments for BTC with a settlement date of 17.05.2025, then the actual subscription period will be 16 days.
Mining pool
Binance Pool will cease support for mining the above-mentioned tokens on 30.04.2025 at 06:00 (UTC+3). The last payout will be made the next day. We strongly recommend all users to cease mining the tokens before Binance Pool stops supporting token mining to avoid potential losses.
Loans
On 30.04.2025 at 06:00 (UTC+3), the VIP loan and flexible loan services will close all outstanding positions with the specified tokens used for both lending and collateral. Users are strongly advised to repay outstanding loans in advance (if any) to avoid potential losses.
Margin
Binance Margin will remove the ability to trade the specified tokens with cross and isolated margin on 30.04.2025 at 13:00 (UTC+3) (scheduled delisting from Binance Margin). Pairs with cross and isolated margin with the specified tokens will be removed from Binance Margin. From this moment, users will no longer be able to transfer any amount of the above-mentioned tokens using manual transfers and the automatic transfer mode for cross and isolated margin to their margin accounts. If users have outstanding loans with the specified tokens, these users will only be able to manually transfer the amount of the loan of this token to their margin accounts minus any existing collateral.
On 25.04.2025 at 09:00 (UTC+3), Binance Margin will stop the ability to loan the specified tokens with cross-margin and in pairs with isolated margin.
At the scheduled delisting time from Binance Margin, the service will close users' positions, conduct automatic settlement, and cancel all pending orders in the specified pairs with isolated margin, which will then be removed from the isolated margin trading service.
At the scheduled delisting time from Binance Margin, if users have both collateral and loans with the specified tokens with cross-margin, the collateral will be used to repay the corresponding loans. If users have remaining collateral or loans with the specified tokens, one of the two scenarios described below will occur:
If users have the specified tokens as collateral:
If the collateral margin level (CML) is above 2, the specified tokens will be transferred to users' spot accounts in such a quantity that the margin level reaches 2. After that, the remaining tokens on the cross-margin account will be fully liquidated.
If the CML is below 2, the remaining tokens on the cross-margin account subject to delisting will be fully liquidated.
If users have the specified tokens as obligations:
If the CML level is 2 or higher, pending orders will not be affected.
If the CML is below 2, all pending orders on cross-margin accounts will be canceled.
The system will then sell other collateral tokens to buy and fully repay obligations related to the tokens subject to delisting.
Please note that users will not be able to change positions during the delisting. We strongly recommend closing positions and/or transferring assets from the margin wallet to the spot wallet before margin trading is halted. Binance is not responsible for any potential losses.
Margin portfolio users are advised to transfer the specified tokens from the margin wallet to the spot wallet and, if necessary, top up the margin balance by the scheduled delisting time from Binance Margin. Users should closely monitor the unified maintenance margin ratio (uniMMR) to avoid potential liquidation, which may occur as a result of the removal of the above-mentioned tokens from the margin account. Refer to this section in the FAQ for more information on how any remaining balances of the above-mentioned tokens on users' margin accounts will be handled.
Conversion portal
Binance Convert will delist the specified tokens and related pairs on 02.05.2025 at 05:00 (UTC+3).
Conversion of low-value assets will not be available for the above-mentioned tokens starting from 01.05.2025 05:00 (UTC+3). Therefore, users should convert such assets in advance.
Buying and selling
Binance will remove the specified tokens and their associated pairs from the 'Buy or Sell Cryptocurrency' section on 25.04.2025 at 06:00 (UTC+3).
Gift cards
The Binance gift card service will remove the above-mentioned tokens on 02.05.2025 at 06:00 (UTC+3). We recommend using gift cards with the specified tokens in advance to avoid potential inconveniences.
Binance Pay
Binance Pay will delist the specified tokens on 30.04.2025 at 06:00 (UTC+3).
24.04.2025
