On June 26, 2025, cryptocurrency exchange Binance announced the delisting of five altcoins, effective July 4, 2025.
Implications for ALPHA, BSW, KMD, LEVER, and LTO Holders
Spot trading for ALPHA, BSW, KMD, LEVER, and LTO will cease on Binance as of July 4, 2025. However, users can cancel open orders or transfer coins to other platforms until that date. Any remaining orders after trading pairs are removed will be automatically closed by the system, with assets returned to account balances. The impact on some derivatives and credit products will vary depending on the trading pairs involved.
Delisting Criteria at Binance
Binance has refined its evaluation process for altcoin listings by utilizing nine comprehensive categories. These include team commitment, development intensity, trading volume, network security, community communication, response speed to inquiries, ethical compliance, supply dynamics, and changes in management. Today’s delisting announcement highlights these altcoins’ insufficient performance across these metrics.
Community Reaction and Next Steps
Following the announcement, investors holding ALPHA, BSW, KMD, LEVER, or LTO will need to reassess their risk-reward strategies. Alternatively, communities supporting these altcoins might consider directing their trading to exchanges that continue listing these cryptocurrencies or opting for storage in blockchain-based wallets.
The decision to delist altcoins from Binance emphasizes the importance of meeting criteria to ensure user protection and maintain industry standards. It also illustrates the growing pressures of global regulation on cryptocurrency platforms.
