#VoteToDelistOnBinance

The world’s largest crypto exchange is moving toward a more democratic approach in its delisting process.

Users will now be able to vote on which tokens should be removed via the Binance Square Official platform. This follows a similar community-driven initiative for listing new tokens.

“Binance values community input and recognizes that it is a key driving force in the course of our development,” the exchange stated. “We recently introduced two community co-governance listing mechanisms, Vote to List and Vote to Delist, as part of our efforts to enhance our listing governance and give the community a greater voice.”

Under this system, Binance will invite users to vote for an initial batch of tokens under the ‘Vote to Delist’ program.

Each verified account may cast one vote per project, with a maximum of five votes per user.

Users must hold at least 0.01 BNB in their accounts and be logged into their verified Binance profiles to participate.

Projects that have already been announced for delisting will not be eligible for voting.

The results of the voting process will be updated in real-time on Binance Square Official, but they will not serve as the final determinant for delisting decisions.