Binance, the world's largest cryptocurrency exchange, has announced the delisting of five altcoins following a routine compliance review. The affected tokens are:reddit.com+2tokenpost.com+2binance.com+2
Aergo (AERGO)
AirSwap (AST)
BurgerCities (BURGER)
COMBO (COMBO)
Linear Finance (LINA)btcc.com+4binance.com+4tokenpost.com+4ainvest.com+4tokenpost.com+4binance.com+4
This decision stems from Binance's internal assessment, which considers factors such as trading volume, liquidity, security, project team commitment, and regulatory compliance. The exchange determined that these projects no longer meet its listing standards, prompting their removal from the platform. btcc.com+4tokenpost.com+4beincrypto.com+4
Key Delisting Dates
March 26, 2025: Margin trading (both cross and isolated) for the affected altcoins will be removed.
March 27, 2025: Futures contracts for AERGO, COMBO, and LINA will be closed and settled.
March 28, 2025: All spot trading pairs involving these tokens will be removed at 03:00 a.m. UTC. Open orders will be automatically canceled.
March 29, 2025: Binance will halt deposits for these assets.
May 27, 2025: Users can still withdraw these tokens until this date; however, no new deposits or trades will be allowed. reddit.com+6binance.com+6tokenpost.com+6cryptonews.net+3tokenpost.com+3binance.com+3
Impact on Investors
The announcement has led to significant price declines for the affected tokens, with some experiencing sharp drops. Delistings often result in reduced liquidity and trading options, which can further impact token valuations. Investors holding these assets are advised to take necessary actions before the specified deadlines to manage their positions effectively.tokenpost.com+5binance.com+5reddit.com+5
Binance's New 'Vote to Delist' Feature
In addition to the delisting, Binance is introducing a new 'Vote to Delist' feature, allowing the community to suggest future delistings. However, this feature does not apply to the tokens listed in the current announcement. reddit.com+2tokenpost.com+2binance.com+2
For more information and updates, users are encouraged to monitor Binance's official announcements and manage their assets accordingly.