How does Binance rate the 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 remove select spot/margin trading pairs due to multiple factors, such as legal and regulatory concerns, unethical practices, and/or low liquidity and trading volume.
The deprecation of the spot/margin trading pair does not affect the availability of tokens on the Binance Spot/Margin platform respectively. Users can continue to trade spot/margin trading pairs included in the base and quote assets on other trading pairs that are available on the Binance platform.
Frequently Asked Questions
1. What does Binance consider before delisting a token?
Binance considers many factors when conducting delisting verification. Here are some examples:
Legal/Compliance Risk: Privacy-related projects, tokens subject to global/regional regulatory issues, etc.
Risks related to continuing the project: poor user adoption, continuity issues (lack of development, team absence) or incidents (e.g. team members arrested, hacking), etc.
Market risk: low liquidity, low market capitalization, etc.
Ethical risk: evidence of fraudulent or unfair market practices, etc.
2. What happens to my assets after the token is delisted?
Once a token is delisted on the Binance platform, you can withdraw the delisted token to your external wallets before the withdrawal cessation specified in the delisting notice. Withdrawals usually cease after three months from the delisting date and time of the token.
Note: Delisted tokens may be converted to stablecoins on behalf of users after Binance ceases to process payouts for the corresponding delisted tokens, and the proceeds will be credited to users' Binance accounts. A separate notification will be issued before delisted tokens are converted to stablecoins.
3. Do you inform project teams before delisting their tokens?
Binance does not disclose delisting decisions to outside parties. However, we regularly communicate with the project teams to gather information on their latest changes.
4. How can a project team avoid having their token delisted?
Design teams should actively build products, engage frequently with their community, and publish clear product roadmaps.
5. What is the difference between a token delisting and a spot/margin trading pair delisting?
Token deregistration will result in the token being removed from all Binance products and services, including all relevant spot/margin trading pairs.
On the other hand, the delisting of the spot/margin trading pair does not affect the availability of tokens on the Binance Spot/Margin platform. Users can still trade spot/margin trading pairs included in the base and quote assets on other trading pairs that are available on the Binance platform.
Disclaimer: The list of supported digital assets is published on our website. In accordance with Binance Terms of Use, we may remove or suspend one or more digital assets from the list of supported digital assets. We will make every effort to notify you in advance. This means that you will no longer be able to access such digital assets on the Binance platform services and will only be able to withdraw digital assets from your Binance account.
Risk Warning: Digital asset prices are subject to high market risk and volatility. The value of your investment may go down as well as up and you may not get back the amount you invested. You are solely responsible for your investment decisions and Binance assumes no liability for any losses. Past performance is not a reliable indicator of future results. You should only invest in products that you are familiar with and only if you understand the risks involved. Before making any investment, please carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial advisor. This material should not be construed as financial advice. For further information, please read our Terms of Use and Risk Warning.$
