Binance Delistes Four Cryptocurrencies from its Platform, Market Reacts with a Drop

Binance has announced the removal of four cryptocurrencies from its platform, directly impacting their prices. The exchange confirmed that, starting February 24, 2025, at 03:00 UTC (midnight Brasília time), the AirDAO (AMB), CLV (CLV), StormX (STMX) and VITE (VITE) tokens will be delisted and will no longer be able to be traded.

Why is Binance removing these cryptocurrencies?

The company highlighted that the delisting occurs after a periodic review of the listed assets, ensuring that all meet the standards required by the platform. Criteria assessed include:

✔ Team commitment to the project

✔ Development quality

✔ Trading volume and liquidity

✔ Network security

✔ Transparency and public reporting

✔ Compliance with regulatory requirements

Important impacts and deadlines for users

The delisting will affect the following trading pairs: AMB/USDT, CLV/BTC, CLV/USDT, STMX/TRY, STMX/USDT, and VITE/USDT. After the deadline, all active orders will be automatically closed.

🔹 Deposits: Tokens will no longer be credited starting February 25, 2025, 03:00 UTC.

🔹 Withdrawals: Allowed until April 24, 2025, 03:00 UTC. 🔹 Conversion: Possible conversion to stablecoins after April 25, 2025, but no guarantee of automatic conversion.

Binance recommends users adjust their positions before the cut-off dates to avoid losses. The company has reinforced its commitment to maintaining a safe and sustainable environment for cryptocurrency trading.

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$VITE $AMB $CLV $STMX #Binance #BinanceSquareFamily