Binance Introduces ‘Vote to Delist’ System — Are 14 Tokens at Risk of Being Removed?

Updated

April 9, 2025

Jakarta, Pintu News—Binance, one of the world’s largest crypto exchanges, will remove 14 tokens from its platform on April 16, 2025, at 03:00 UTC.

This decision came after a voting process involving the Binance user community, part of a new initiative called “Vote to Delist.”

Although users can withdraw their tokens until June 9, 2025, they will no longer be tradable or depositable after that date.

Check out the full information here!

Selection Process and Assessment Criteria

Based on community feedback, we’re announcing the first batch of ‘Vote to Delist’ results.

The following tokens will be delisted on April 16, 2025:⁰BADGER, BAL, BETA, CREAM, CTXC, ELF, FIRO, HARD, NULS, PROS, SNT, TROY, UFT, VIDT

Read the full update 👉 https://t.co/PNqrzkFxtX pic.twitter.com/CIsaLAv8si
— Binance (@binance) April 8, 2025

Binance introduced the “Vote to Delist” system as a way to involve the community in important decisions. In this first vote, more than 24,000 users submitted more than 103,000 votes.

After screening, around 93,000 votes were counted as valid. This process is based not only on the number of votes alone but also on Binance’s internal evaluation, which considers several critical factors.

Such factors include the token’s level of development activity, trading volume, team commitment, liquidity, and their response to Binance compliance checks. This demonstrates Binance’s efforts to ensure that only tokens that meet the highest standards remain listed, thus protecting investors from unnecessary risks.

Also read: Sui (SUI) Price Rise Following ETF Filing by CBOE, Is This the Start of Recovery?

Removed Tokens and Community Reaction

Delisted tokens include Badger DAO (BADGER), Balancer , and Beta Finance (BETA). Tokens such as TROY (TROY) and Status (SNT) were also included in the delisting, with TROY receiving 4,985 votes and SNT 3,533 votes.

This decision raised some questions among users, especially regarding tokens that received many votes to be delisted but were still not delisted, such as $FTT, which received more than 10,000 votes.

This reaction highlights Binance’s challenges in balancing the community’s desires with the need to maintain compliance and quality standards.

Although the voting system gives users a voice, Binance still has the final say in this review process, which shows the complexity of managing a large crypto ecosystem.

Policy Changes and Their Impact on the Crypto Ecosystem

In addition to the “Vote to Delist” system, Binance has also tightened its token offering rules. Since March 2024, new tokens will have to wait at least a year before they can be traded.

According to Crypto Times, this step ensured that only projects with a solid foundation and long-term commitment can access the market through Binance. This policy and similar initiatives by other platforms such as Bitget and exchanges in South Korea reflect a growing trend in the crypto industry.

Increased regulation and concerns over low-quality coins are pushing exchanges to adopt a stricter approach in selecting the tokens they list. This will hopefully bring more stability and trust into the crypto market.

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference