To protect our users and ensure that listed tokens and trading pairs continue to meet the high level of standards we expect, Binance conducts periodic reviews of each listed token and spot/margin trading pair on our platform based on the guidelines stipulated below.
When a listed token or spot/margin trading pair no longer meets these standards, Binance will potentially delist the token or spot/margin trading pair to protect users’ interests.
How does Binance evaluate listed tokens?
Binance regularly communicates with the project teams of listed tokens to understand their latest developments, such as their product roadmap, team changes, and more. This includes both positive and negative changes (e.g., unexpected deviations from the project team’s original plans).
During major market events, Binance will also check in with these project teams to understand how they have been impacted. If a project team encounters an incident (e.g., the project was hacked), Binance will also reach out to see if any support is required. After the incident, Binance will conduct a review of how the project team handled the incident, and whether the project team has introduced proper measures to prevent similar incidents from happening.
In addition, we always welcome and value users' feedback and suggestions at Binance. We will conduct investigations and evaluate whether a listed token meets our standards if there is a large number of complaints for a listed token.
Please note:
- To help users differentiate tokens that exhibit notably higher volatility and risks compared to other listed tokens, Binance has introduced the Monitoring Tag on the Binance Spot and Binance Margin trading pages, as well as on the Markets Overview page.
- Binance will conduct periodic project reviews and decide if the Monitoring Tag should be added to or removed from listed tokens as per its latest findings. The additions or removals of the Monitoring Tag will be completed in the first week of every new quarter. Refer to this announcement for more details on the Monitoring Tag.
How does Binance evaluate listed spot/margin trading pairs?
To protect users and maintain a high quality trading market, Binance conducts periodic reviews of all listed spot/margin trading pairs, and may delist selected spot/margin trading pairs due to multiple factors, such as legal and regulatory concerns, unethical practices, and/or poor liquidity and trading volume.
Please note that the delisting of a spot/margin trading pair does not affect the availability of the tokens on Binance Spot/Margin, where applicable. You can still trade the spot/margin trading pair’s base and quote assets on other trading pair(s) that are available on Binance.
Frequently Asked Questions
1. What does Binance consider before delisting a token?
Binance considers a variety of factors when conducting delisting reviews. Here are some examples:
- Legal/Compliance risk: Privacy projects, tokens under global/regional regulatory issues, etc.
- Project going-concern risk: Low user adoption, continuity issues (lack of development, team absent), or incidents (e.g. team members arrested, hacks), etc.
- Market risk: Poor liquidity, low market capitalization, etc.
- Ethical risks: Evidence of fraudulent or market abusive practices, etc.
2. What happens to my assets after a token is delisted?
When a token is delisted on Binance, you may withdraw the delisted token to your external wallets before the cessation of withdrawals, as specified in the delisting announcement. The cessation of withdrawals generally takes place three months after the corresponding token’s delisting date and time.
Please note: Delisted tokens may be converted into stablecoins on behalf of users after Binance has ceased withdrawals for the corresponding delisted tokens, and the proceeds will be credited to users’ Binance accounts. Before delisted tokens are converted into stablecoins, a separate notification will be made.
3. Do you inform project teams before delisting their tokens?
Binance does not disclose any delisting decisions to external parties. However, we regularly contact the project teams of listed tokens to collect information on their latest developments.
4. How can a project team avoid having their token delisted?
Project teams should actively build their products, engage with their communities frequently, and publish a clear product roadmap.
5. What is the difference between delisting a token and delisting a spot/margin trading pair?
Delisting a token will result in the removal of the token from all Binance products and services, which includes all applicable spot/margin trading pairs.
On the other hand, delisting a spot/margin trading pair does not affect the availability of the tokens on Binance Spot/Margin. You can still trade the spot/margin trading pair’s base and quote assets on other trading pair(s) that are available on Binance.
Disclaimer: A list of the Supported Digital Assets is published on our Website. According to Binance Terms of Use, we may remove or suspend one or more Digital Assets from the list of Supported Digital Assets and we will use reasonable commercial efforts to notify you in advance. Meaning that you will no longer be able to access such Digital Assets as part of the Binance Services and will only be permitted to withdraw the Digital Assets from your Binance Account.
Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
