Yes, Binance has announced the removal of five altcoins from the list effective July 4, 2025, based on its periodic review to ensure quality and compliance with regulatory standards.
The coins to be removed are: Stella (ALPHA) Biswap (BSW) Komodo (KMD) LeverFi (LEVER) LTO Network (LTO)
Removal details:
Removal date: Trading of these coins will stop on July 4, 2025, at 6:00 AM UTC.
User actions: All open orders will be automatically canceled, and remaining tokens will be returned to users' wallets on the platform. No new buy orders will be accepted after July 4.
Deposits for these coins will be stopped on July 5, 2025, at 3:00 AM UTC, and withdrawal support will cease on September 3, 2025.
Other services such as Binance Earn, Simple Earn, Dual Investment, and Gift Cards will stop supporting these tokens.
Market impact: Following the announcement, these coins experienced mixed price reactions, with a notable decline for some due to loss of liquidity and market access.
Advice for users: Asset management: Users are advised to review their wallets and transfer these coins to other platforms or private wallets before the deadline to avoid any potential loss.
Conversion to stablecoins: Binance may convert any remaining balances to stablecoins (like FDUSD) after September 3, 2025, but this is not guaranteed.
Follow announcements: Check Binance's official announcements for any additional updates. Reason for removal: Binance conducts periodic reviews of projects based on criteria such as:
Commitment of the project team and development activity.
Trading volume and liquidity.
Compliance with regulatory requirements.
Network stability and community involvement.
If you own any of these coins, consider making a decision to sell them or transfer them to another platform that supports them. If you need further assistance on how to manage these assets, let me know.
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