Binance to Delist 14 Altcoins After Community Vote

Binance, the leading global cryptocurrency exchange, made waves today with a series of announcements related to altcoins.

The platform revealed the outcome of its first community-driven “vote to delist” initiative, which aimed to gauge user perspectives on which altcoins should be removed from the exchange.

Following the vote, Binance confirmed that a total of 14 altcoins will be delisted on April 16. The assets set for removal include BADGER, BAL, BETA, CREAM, CTXC, ELF, FIRO, HARD, NULS, PROS, SNT, TROY, UFT, and VIDT.

According to Binance, these altcoins were chosen after an extensive evaluation process that considered several key factors.

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The exchange emphasized that the delisting decision also underwent a thorough due diligence review before final confirmation. Binance clarified that other altcoins that remained listed after the first vote might still face delisting in the future if they fail to meet the platform’s listing standards.

In the wake of the announcement, the affected altcoins saw significant price drops, reflecting market uncertainty and investor reaction to the upcoming delistings.

Alexander Stefanov