Binance has announced the removal of three tokens: Kaon (AKRO), Bluzelle (BLZ), and WazirX (WRX) from its listing effective December 25, 2024. This decision is part of Binance's routine asset review process.
Reasons for Delisting
The delisting decision is based on several factors, including:
- Insufficient trading volume and liquidity - Network stability and security concerns - Lack of ongoing development activity and team commitment - Regulatory compliance issues - Contribution to a sustainable crypto ecosystem
Affected Trading Pairs
The following trading pairs will cease trading:
- AKRO/USDT - BLZ/BTC, BLZ/USDT - WRX/USDT
Important Deadlines and Actions for Users
Spot Trading: All open trading orders will be removed, and token values will no longer be visible in wallets after being delisted. Users are advised to check their wallet settings to ensure tokens are not hidden under 'Hide Small Balances.'
Deposits and Withdrawals: Deposits for these tokens will not be available after December 26, 2024, and withdrawals will be suspended after February 25, 2025.
Binance Futures: The BLZUSDT perpetual contract will close for trading at 12:00 on December 23, 2024. Users are advised to close their positions before this time to avoid automatic liquidation.
Binance's decision to delist underscores the importance of adhering to the platform's high standards and regulatory requirements.
