Binance to Delist AKRO, BLZ, and WRX on December 25, 2024
Binance has announced its decision to delist three tokens—Akro (AKRO), Bluzelle (BLZ), and WazirX (WRX)—on December 25, 2024, at 03:00 UTC. This decision follows Binance’s regular reviews of listed digital assets to ensure they meet the platform’s high standards and align with industry requirements.
Factors Behind the Delisting Decision
Binance evaluates multiple factors before delisting an asset, including:
Commitment of the development team.
Quality of development activity.
Trading volume and liquidity.
Network stability and safety.
Public communication and responsiveness.
Regulatory compliance.
Contribution to the crypto ecosystem.
Key Details of the Delisting Process
1. Trading and Deposits:
Trading for AKRO/USDT, BLZ/BTC, BLZ/USDT, and WRX/USDT pairs will cease on December 25, 2024, at 03:00 UTC.
Deposits of these tokens will no longer be credited after December 26, 2024, at 03:00 UTC.
2. Withdrawals:
Withdrawals of AKRO, BLZ, and WRX will be supported until February 25, 2025, at 03:00 UTC.
3. Potential Token Conversion:
Binance may convert delisted tokens into stablecoins after February 26, 2025, at 03:00 UTC. Users will be notified separately if applicable.
4. Binance Futures:
Futures contracts for BLZUSDT will close on December 23, 2024, at 09:00 UTC, with automatic settlement.
5. Binance Margin:
Margin trading and borrowing for the delisted tokens will be suspended starting December 18, 2024, at 15:00 UTC.
All margin positions will be settled by December 23, 2024, at 10:00 UTC.
6. Binance Convert:
Sell-only functionality will remain for the tokens until December 25, 2024, at 02:00 UTC.
7. Other Services Affected:
Binance Simple Earn, Auto-Invest, Buy & Sell Crypto, Gift Cards, and Trading Bots will also terminate support for these tokens on various dates leading up to the delisting.
User Recommendations
Close all positions and cancel orders involving these tokens before the delisting dates.