Binance, the world's largest cryptocurrency exchange, announced the delisting of several altcoins, including BakeryToken, Hifi Finance, and Self Chain.
Reasons for Delisting
In its statement, Binance highlighted that the platform periodically reviews digital assets listed to ensure compliance with high standards. If a token or coin no longer meets these standards, it may be removed. As a result of the latest review, the following altcoins were delisted.
Market Impact
Following the delisting announcement, significant price decreases were noted for BakeryToken, Hifi Finance, and Self Chain. This decision could affect investor confidence and the overall market status.
Next Steps for Users
Trading pairs of the mentioned altcoins will cease at 03:00 UTC on September 17, 2025. All open orders will be automatically removed. Withdrawals of these altcoins from Binance will be supported until 03:00 UTC on November 17, 2025. After this date, they can be converted into stablecoins.
The delisting of BakeryToken, Hifi Finance, and Self Chain reflects the necessity of adhering to the standards set by Binance. Users should stay aware of the updates and corresponding measures to effectively manage their assets.
