Binance has introduced the ‘Vote to Delist’ feature, through which its users can vote for cryptocurrencies to be delisted from the exchange. As part of this initiative, Binance has also made an official announcement regarding the delisting of five particular altcoins from March 28, 2025. The delisted coins are Aergo (AERGO), AirSwap (AST), BurgerCities (BURGER), COMBO (COMBO), and Linear Finance (LINA).
Information regarding the ‘Vote to Delist’ Feature
From March 21, real users will be permitted to vote on cryptocurrencies in the Monitoring Zone of Binance. The Monitoring Zone comprises tokens under threat of being delisted as a result of thin liquidity or inactivity. Voters must hold a balance of 0.01 BNB, and votes expire on March 27, 2025. Each voter can vote a maximum of five projects but only one vote per project. Votes must be cast on Binance Square Official.
Altcoins Removed from Binance
Five altcoins have been removed by Binance: Aergo (AERGO), AirSwap (AST), BurgerCities (BURGER), COMBO (COMBO), and Linear Finance (LINA). The tokens, in accordance with Binance, failed to conform to its listing standards after it reviewed such items as trading volume and the project team’s dedication. Delisting will start at 11:00 AM UTC+8 on March 28, 2025.
Following the announcement, the tokens in question plummeted in price, with the price of BurgerCities declining a staggering 48.1% in just two hours. The other tokens dropped between 5% and 35%. The action is indicative of Binance’s dedication to ensuring a safe trading environment.
Community Involvement in Delisting Decisions
The release of the ‘Vote to Delist’ feature aims to strengthen the control of the community in listing assets on Binance. Nevertheless, Binance has shown that delisting will not be solely voted by users. Delisting will continue to be decided by the platform on the grounds of matters like project activity and compliance with the regulations. Delistings on Binance previously have included some key tokens like Monero (XMR) and Filecoin (FIL).
Market Context
This loss comes during general depreciation in the cryptocurrency market. Other top assets, such as Bitcoin, Ethereum, and Solana, have also fallen, averaging between 2% and 4%. Up to now, the overall market capitalization of cryptocurrencies fell by 3.8%, to $2.85 trillion.
The delisting of five altcoins is a sign of the exchange’s ongoing interest in maintaining high listing standards. Users are encouraged to consider their assets and make their voting choice before the deadline of March 27.
