14 Altcoins Facing Binance Delisting Following Community-Powered Vote-to-Delist Process

Tags: binance, delist, vote-to-delist

Key Takeaways:

• On April 16, 2025, Binance announced the delisting of 14 altcoins following a community-driven voting process.
• The affected tokens—BADGER, BAL, BETA, CREAM, CTXC, and others—experienced significant price drops after the announcement.
• Users must act immediately on multiple Binance services to avoid forced settlement or losing money.

Binance, the leading crypto exchange by trading volume, has announced that it will delist 14 altcoins following the results of its first-ever “Vote to Delist” program. As of April 16, 2025 at 03:00 UTC, all spot trading pairs involving these tokens (BADGER, BAL, BETA, CREAM, CTXC, ELF, FIRO, HARD, NULS, PROS, SNT, TROY, UFT, and VIDT) will be removed.

Reasons Behind The Tokens Selected for Delisting

Binance made it clear and simple that the decision was not only based on the result of the vote. The exchange said it conducted extensive due diligence, considering factors including:

• Project commitment and development activity
• Trading volume and liquidity
• Transparency and public communication
• Integrity of tokenomics and regulatory compliance
• Community spirit and ethical behavior

Although the community vote carried significant weight, Binance noted that delisting decisions are on multiple layers. So in practice, a token could be delisted even if it didn’t come in lowest in the vote tally, and vice versa.

Inside the Voting Numbers: Deciding How to Report Them

The “Vote to Delist” received 103,942 total votes from 24,141 users but saw 10,262 votes disqualified by Binance for fraudulent activity, bot abuse or other methods that do not comply with BNB holding criteria. After this filtering, there remained 93,680 authenticated votes deemed valid.

Binance validated participation through two methods:

• Method 1: The voters had to have 0.01 BNB during the whole voting week.
• Method 2: Voter needed to hold 0.01 BNB from the snapshot until voting closed.

Tokens such as TROY, SNT, and UFT received the highest eligible votes across both methods but were all listed for delisting.

This outcome raised eyebrows in some quarters of the crypto community, as some users speculated that the vote might have been more symbolic than decisive. Others expressed concerns about potential bias against BSC-based tokens, a critique that Binance has not directly addressed.

What Will Happen to Customer Assets and Trading Services

A timetable for how the exchange is winding down support throughout its ecosystem has been detailed by Binance. Here are the main service impacts:

• Spot Trading: All orders and trading bots that include the 14 tokens will be automatically canceled at or after 2025-04-16 03:00 (UTC).
• Margin Trading: Borrowing will be suspended from April 9 earliest, with all margin positions to be closed from April 14. Users have to manually settle or risk getting automatically liquidated.
• Futures Contracts: No new positions on Binance Futures after April 14, 08:30 UTC; all existing contracts will be settled by 09:00 UTC that day.
• Withdrawals: Will be open until Jun. 9, 2025, afterwards, no support.
• Potential Stablecoin Conversion: The conversion of leftover tokens into stablecoins is not guaranteed, with Binance stating that it “may” convert any leftover balances when this process starts on June 10.

Binance has also issued a strong warning to users, advising them to cancel bots, close positions, and avoid last-minute trades to limit exposure from forced liquidations or unplanned conversions.

Price Reactions Resemble Previous Delisting Events

The market response was immediate and savage. Some of these 14 altcoins jumped off a cliff, the rest showing similar profiles to those during previous waves of delisting. In February 2025, AKRO, BLZ and WRX were delisted by Binance, losing over 20% within 24h.

This reaction was particularly painful for BADGER and CREAM, which fell more than 15% each within hours of the news. The price floors for these altcoins disappeared due to low liquidity and low buy support.

Analysts say that Binance’s dominant role in trading volume for many of these tokens magnifies the damage. When it is delisted on the leading stage, investor confidence disappears, in many cases permanently.

A Move Toward Transparency or a Popularity Contest?

The community-led (although arguably official) delisting by Binance was hailed as a step toward decentralization, but its critics now perceive it as more public relations than real change. Skeptics say popularity should not trump project fundamentals, particularly when vote manipulation is a possibility. There’s also the fear that solid, but swinging, tokens may be unfairly punished.

What’s Next: More Tokens Could Be Delisted

Binance warned that tokens which passed this initial test of voting might not be out of the woods yet. Any project that cannot meet Binance’s ever-changing listing mark may end up on the chopping block in future rounds. So far the exchange has not issued a schedule for its next “Vote to Delist,” but precedent has been established.