In the quiet morning light, beneath the mercurial heavens of crypto-dom, Binance has declared that on Apr. 16, 14 unfortunate tokens shall be banished from its realm. The decree, handed down with an air of noble finality, stems from the inaugural round of that melodramatically dubbed “Vote to Delist.” One can almost hear the tokens wailing in the wind… or perhaps that’s just the sound of traders sipping their coffee. ☕
Alas, what a list it is: BADGER, BAL, BETA, CREAM, CTXC, ELF, FIRO, HARD, NULS, PROS, SNT, TROY, UFT, and VIDT—names that once danced in digital glory, now receiving a fond (or not-so-fond) farewell. Binance itself, in a serene pronouncement on Apr. 8, reminded us all that not even the mightiest coin can escape the judgment of internal standards and a rousing community poll. 😏
More than 24,000 souls (some of them presumably well-caffeinated) cast over 103,000 votes, with about 93,000 declared worthy after a few scoundrel ballots were tossed aside. To triumph in this exercise of destiny, voters needed to clutch at least 0.01 Binance Coin (BNB)—thus ensuring each vote had a smidgen of actual skin in the crypto game.
Binance, in its paternal wisdom, pointed to low trading volumes, feeble project development, intermittent community spirit, and disregard for internal or regulatory commandments as causes for these delistings. And for those tokens spared this time—don’t get too cozy, darlings; Binance has hinted that the bell may yet toll for thee if criteria remain ignored. ☠️
On Apr. 16 at 03:00 UTC, trading pairs for all 14 maligned tokens shall vanish. Deposits will also bid farewell, though the kindly souls at Binance will allow withdrawals until June 9—after which any lingering remnants may be turned into stablecoins. It’s all very practical, like packing up the old family heirloom… and promptly trading it for vouchers.
Whispers of this purge, of course, echo a similar fait accompli on Mar. 31, when Binance obliged Tether (USDT) spot trading pairs to depart the European Economic Area in reverence of the newly enshrined Markets in Crypto-Assets (MiCA) decree. One might imagine the tokens scuttling away, lest they be cast out into the cold. 🥶
In these times, exchanges must demonstrate their valor by complying with stricter standards of security, transparency, and anti-money laundering regulations—rather like being fussy about who gets invited to a fancy ball. Perhaps one day we’ll look back upon these token exoduses and laugh… or maybe we’ll just buy more BNB and hope for the best. 🤷♂️
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2025-04-08 13:03