The cryptocurrency exchange Binance has announced the outcome of its first “Vote to Delist” initiative, which will see 14 altcoins completely removed from trading as of April 16, 2025. Major projects such as Badger DAO (BADGER), Balancer (BAL), and Cream Finance (CREAM) are among those affected. Users are being urged to pay close attention to the designated timelines to avoid losses in their trading activities.
Which Tokens Are Being Removed?
The removal list features several long-standing altcoin projects. Included in the 14 tokens slated for delisting are notable names like Badger DAO, Balancer, and Cream Finance, reflecting a significant change in Binance’s altcoin offerings. The complete listing of the altcoins includes:
- BADGER,
- BAL,
- BETA,
- CREAM,
- CTXC,
- ELF,
- FIRO,
- HARD,
- NULS,
- PROS,
- SNT,
- TROY,
- UFT,
- VIDT.
These altcoins failed to secure adequate backing in community voting and did not meet Binance’s technical or security standards. Out of 103,942 total votes, 10,262 were invalid, primarily due to fraudulent activity. The evaluation was based on the remaining valid votes.
What Are the Key Dates for Users?
Starting April 16, 2025, Binance will remove trading pairs for the listed altcoins. All pending orders for these tokens will be canceled automatically. Users are required to adjust or close their trading bots and portfolios by this date, or the system will initiate a closure of trades and move balances to the spot wallet.
For futures contracts, the closure will occur earlier. As of April 14, 2025, at noon (UTC), futures for the affected altcoins will be liquidated. The margin trading feature will be disabled on April 9, with positions closed and assets sold off by April 14. Further, withdrawal transactions for these coins will cease after June 9, with any unwithdrawn assets converted to stablecoins starting June 10.
- 14 altcoins, including major projects, will be delisted.
- Removal effective from April 16, 2025, with earlier closures for futures.
- Users must act promptly to avoid automatic closures and asset transfers.
- Withdrawal halts and asset conversions will begin after June 9, 2025.
As Binance reassesses its altcoin offerings, the exchange emphasizes the importance of user vigilance regarding upcoming deadlines to safeguard their investments and trading activities.