- The removed tokens are: $ALON, $CA, $HAT, $URO, $LUCE, $Aimonica, $House, $LMT, $degenai, $MCH, $RIF, $ASRR, $YNE, $MAXONSOL, $GRIFT, $vvaifu, $HAPPY, and $PAIN
- Users who already hold these tokens can still sell or trade via other means
- Earlier this year, Binance introduced a formal review mechanism for its Alpha platform, where projects listed there must meet both qualitative and quantitative criteria
On October 28, Binance Alpha removed 18 tokens from the Alpha listing pool, meaning they’re no longer being actively featured for new buys on the platform. Users who already hold them can still sell or trade via other means.
The removed tokens are: $ALON, $CA, $HAT, $URO, $LUCE, $Aimonica, $House, $LMT, $degenai, $MCH, $RIF, $ASRR, $YNE, $MAXONSOL, $GRIFT, $vvaifu, $HAPPY, and $PAIN.
Earlier this year, Binance introduced a formal review mechanism for its Alpha platform. Projects listed there must meet both qualitative and quantitative criteria, such as trading volume, liquidity, community activity, team credibility, and regulatory compliance. Tokens that fail to meet these standards can be removed.
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With that in mind, delisting a group of tokens like the ones mentioned achieves the following:
- Clears out projects that aren’t trading much or have stalled
- Lowers the risk from problematic tokens, like those with hidden fees or little real usage
- Shows users that the platform is serious about maintaining high quality for its early-access offerings
- Helps manage the financial risks that come with supporting very small, illiquid projects
As such, it’s likely that all of the 18 tokens fall into one or more categories above.
Binance tightens the quality filter
It seems that Binance is tightening its policy environment, turning Alpha into a carefully selected showcase instead of a wide-open pool for new tokens. While this will make it harder for projects to get listed, it should also lead to less hype-driven trading and a higher overall quality.
The delisting of small tokens is not a first-time thing either. In July, Binance removed tokens like ALPHA, BSW, KMD, LEVER, and LTO, citing low liquidity and trading volume.
Several days ago, the platform also removed spot trading pairs for other tokens as part of its regular review, including A/FDUSD, AXS/BNB, GALA/BTC, and PNUT/BRL.
In the end, Binance Alpha’s removal of 18 tokens shows that there is always a risk in investing in small-cap or early-access tokens. It proves that even tokens promoted by a major exchange can be removed if they don’t keep up with certain requirements.
Related: Is Binance in Trouble — or Is It Just FUD? Uncertainty Looms
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