Binance, the largest crypto exchange by trading volume metrics, decided to delist 14 altcoins, sending the affected tokens to a free fall.
The platform recently adopted a mechanism to involve its community in the listing and delisting processes.
Binance To Delist 14 Altcoins
The exchange revealed the decision on Tuesday, during the early hours of the Asian session. It would delist and cease trading on all spot trading pairs for the named tokens starting April 16 at 03:00 (UTC).
“Following the Vote to Delist results and completion of the standard delisting due diligence process, Binance will delist BADGER, BAL, BETA, CREAM, CTXC, ELF, FIRO, HARD, NULS, PROS, SNT, TROY, UFT and VIDT on 2025-04-16,” read the announcement.
The selection of these 14 tokens was reportedly based on a comprehensive evaluation of multiple factors. Among them are the level and quality of the development activity, trading volume,…
