This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

At Binance, we periodically review each digital asset we list to ensure that it continues to meet a high level of standard and industry requirements. When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics. 

When we conduct these reviews, we consider a variety of factors. Here are some that drive whether we decide to delist a digital asset:

  • Commitment of team to project

  • Level and quality of development activity

  • Trading volume and liquidity

  • Stability and safety of network from attacks

  • Network / smart contract stability

  • Level of public communication

  • Responsiveness to our periodic due diligence requests

  • Evidence of unethical/fraudulent conduct or negligence

  • New regulatory requirements

  • Contribution to a healthy and sustainable crypto ecosystem

Based on our most recent reviews, we have decided to delist and cease trading on all spot trading pairs for the following token(s) at 2024-08-26 03:00 (UTC):

Please note:

  • The exact trading pairs being removed are: CVP/USDT, EPX/USDT, FOR/BTC, FOR/USDT, LOOM/BTC, LOOM/USDT, REEF/USDT, VGX/USDT

  • All trade orders will be automatically removed after trading ceases in each respective trading pair.

  • The token's valuation will no longer be displayed in your wallet after delisting. To view your assets after trading ceases, please ensure you have not selected “Hide Small Balances” in all of your wallets.

  • Deposits of these token(s) after 2024-08-27 03:00 (UTC) will not be credited to your account. 

  • Withdrawals of these token(s) from Binance will not be supported after 2024-11-26 03:00 (UTC).

  • Delisted tokens MAY be converted into stablecoins on behalf of users after 2024-11-27 03:00 (UTC). Please note that the conversion of delisted tokens into stablecoins is NOT guaranteed. A separate notification will be made before the conversion where applicable, and the stablecoins will be credited to users’ Binance accounts after the conversion. 

  • Please note that users will not be able to update their positions during the delisting process, and they are strongly advised to close their positions and/or transfer their assets from Margin Wallets to Spot Wallets prior to the cessation of margin trading at 2024-08-20 06:00 (UTC). Binance will not be responsible for any potential losses.

  • Binance Buy & Sell Crypto will delist the aforementioned token(s) and all associated pairs at 2024-08-21 03:00 (UTC)

  • There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. 

We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.

Thank you for your support!

Binance Team

2024-08-12

Note: This announcement was amended on 2024-08-12 to update that Binance Will Delist CVP, EPX, FOR, LOOM, REEF, VGX on 2024-08-26.