
Binance’s “Vote to Delist” Initiative
Binance has recently reintroduced community voting as part of its commitment to increasing transparency and adhering to global regulatory standards. As part of its first-ever “Vote to Delist” initiative, the exchange has removed 14 underperforming cryptocurrencies, responding directly to the results of its community vote.
Delisted Tokens Following the Vote
In April 2025, Binance announced the delisting of 14 cryptocurrencies, following the completion of its inaugural “Vote to Delist” program. This initiative is in alignment with the platform’s efforts to meet the requirements of the European Union’s Markets in Crypto-Assets (MiCA) regulation and to streamline its token offerings.
Tokens to Be Removed:
- BADGER
- BAL
- BETA
- CREAM
- CTXC
- ELF
- FIRO
- HARD
- NULS
- PROS
- SNT
- TROY
- UFT
- VIDT
This decision was driven by both internal assessments of the tokens’ performance and the outcome of the community vote. Binance engaged 24,000 users who cast over 103,000 votes, out of which 93,000 were validated after filtering out ineligible ballots. To participate in the vote, users were required to hold at least 0.01 BNB tokens.
Reasons for Delisting
Several factors contributed to the removal of these tokens, including:
- Low trading volumes
- Stagnant project development
- Dwindling community support
- Failure to meet internal or regulatory compliance standards
These factors were identified as key issues impacting the long-term viability of these tokens on the Binance platform.
Impact on Users
For affected tokens, all trading pairs will be removed at 03:00 UTC on April 16, 2025, and deposits for these tokens will be suspended. However, users will still have the option to withdraw their holdings until June 9, 2025. After this date, any remaining holdings in the delisted tokens will be automatically converted into stablecoins.
Binance’s Compliance with Global Regulations
This move comes amid increasing scrutiny from global regulatory bodies. Binance has been actively working to comply with stricter regulations, including the MiCA regulation in the European Economic Area. This also follows Binance’s decision to delist Tether (USDT) spot trading pairs in the EEA to comply with MiCA requirements, effective March 31, 2025.
By implementing these changes, Binance is positioning itself to adhere to evolving regulatory frameworks while fostering a more community-driven approach to decision-making.
What’s Next for Binance?
While this is the first batch of tokens to be delisted, Binance has hinted that more tokens could face removal if they fail to meet the platform’s evolving standards. The “Vote to Delist” initiative is likely to continue shaping Binance’s offerings, ensuring that only the most viable and compliant cryptocurrencies remain on the platform.
First Batch of “Vote to List” Tokens Revealed
In addition to delisting tokens, Binance also introduced its first-ever batch of “Vote to List” tokens. These tokens were chosen by the community as part of Binance’s ongoing efforts to expand its altcoin offerings:
- BANANAS31 (Banana for Scale)
- BID (CreatorBid)
- Broccoli (Broccoli)
- Broccoli (CZ’S Dog)
- KOMA (Koma Inu)
- SIREN (SIREN)
- mubarak (mubarak)
- TUT (Tutorial)
- WHY (Why)
These tokens have been added to the platform, showcasing Binance’s commitment to keeping its listings fresh and aligned with community interests.