- The delisted tokens are A2Z, FORTH, HOOK, IDEX, LRC, NTRN, RDNT, and SXP.
- Any remaining delisted tokens may be converted into stablecoins, but with no guarantees.
- Most affected tokens experienced 15%-30% declines within hours of the announcement.
On March 18, Binance confirmed the removal of eight tokens from its platform, with delisting scheduled to occur on April 1 at 03:00 UTC. The tokens included are A2Z, FORTH, HOOK, IDEX, LRC, NTRN, RDNT, and SXP. All spot trading pairs will be removed, and open orders will be automatically canceled.
The delisting process is spread over several timelines rather than being a single event:
- On March 19, buy and sell services would stop.
- On March 24, futures positions would close automatically.
- On March 25, copy trading and earn products are to be removed.
- On April 1, spot trading would end.
- From April 2, deposits cannot be made.
- June 1, is the last day to withdraw.
Following the June deadline, any remaining delisted tokens may be converted into stablecoins on behalf of affected users, although this isn’t a guarantee. Market response was immediate, with most affected tokens experiencing declines between 15% and 30% within hours of the announcement.
FORTH and LRC each fell approximately 25%, while HOOK, IDEX, NTRN, and RDNT dropped roughly 20%. This is a classic delisting reaction where evaporating liquidity triggers panic selling among token holders.
The Binance exchange does regular reviews of tokens and evaluates them against specific criteria. This includes trading volume, dev activity, team effort, regulatory red flags, tokenomics issues, and how engaged the community is. When a project stops growing or becomes riskier, Binance would remove it.
Related: Binance Wallet Adds 10 New dApps for DeFi, AI, and Gaming
Binance’s Changes to its VIP Program
Also on March 18, Binance made a big change to its VIP program. To attract more institutional and high-volume retail traders, the exchange reduced the amount of BNB needed for entry-level VIP tiers.
As it stands now, VIP 1 needs just 5 BNB instead of 25. VIP 2 drops from 100 to 25, and VIP 3 goes from 250 to 100 BNB. So while Binance is delisting the “dead weight” tokens, it’s also making it easier for serious traders to get better rates, which keeps the liquidity flowing.
It’s worth noting that several of the delisted tokens (specifically A2Z, NTRN, and RDNT) were just added to the Binance Monitoring Tag list last week, on March 13.
This signals that the transition from monitoring to delisting can be much shorter now, and that Binance is reviewing projects much faster than before.
Related: Binance Flags 9 Tokens With Monitoring Tag Over Compliance Risks
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