The largest cryptocurrency exchange, Binance, has announced its intention to remove five tokens from its platform, ceasing all trading pairs for them.
Reasons for Delisting Tokens
Binance conducts regular reviews of cryptocurrencies to ensure that assets continue to meet high standards and industry requirements. If a token stops meeting these standards or significant changes occur in the industry, the exchange initiates a deeper review and may potentially delist the token.
Token Evaluation Criteria
The Binance team published a list of criteria based on which they decide whether to continue trading a token or remove it from the platform. These criteria include:
- Commitment of the team to their project - Level and quality of development activity - Trading volume and liquidity of the token - Stability and security of the network from attacks - Level of public communication - Community engagement - Transparency - Material/unjustified increase in token supply or changes to tokenomics - Any new regulatory requirements and several others.
Details About the Delisting
According to the announcement, the delisting and cessation of trading for the following tokens will take place on July 4, 2025, at 3:00 a.m. (UTC): Stella (ALPHA), Biswap (BSW), Komodo (KMD), LeverFi (LEVER), and LTO Network (LTO).
This decision is part of Binance's strategy to maintain high standards on the platform and protect user interests. The exchange will continue to monitor changes in the crypto industry and adjust its list of assets accordingly.