Binance Announces Delisting of Five Altcoin Trading Pairs
Date: 2025-03-24 Author: Oliver Abernathy Categories: BUSINESS
Binance crypto exchange users must close positions on certain trading pairs on the cross margin and isolated margin platforms by March 28. At the end of this period, the exchange will automatically delete all orders associated with these pairs. The decision concerns five altcoins, which will no longer be supported under these trading modes.
The news of the upcoming delisting had a significant impact on the market value of the affected assets. The BURGER memcoin was particularly affected, losing almost 50% of its value. The LINA altcoin fell by 28%, while COMBO and AST fell by 21% and 26%, respectively. The AERGO token demonstrated the smallest losses, with its price falling by only 5%.
Binance also announced that immediately after the removal of these trading pairs, users will be able to vote on whether to delist future tokens. The exchange is thus seeking to increase community participation in decision-making regarding the range of assets available on the platform.
In parallel, Binance recently revised its internal policies related to employee investments. According to the updated rules, restrictions on employee participation in the digital asset market have been relaxed. The company believes that this will help specialists better navigate the trends of the crypto industry and increase their engagement.
Such steps by Binance confirm the exchange’s commitment to adapt to the changing market while increasing transparency and interaction with the community. Token delisting is carried out based on a number of factors, including liquidity, developer activity, community interest, and compliance with project quality requirements. The new voting initiative is likely to increase user influence in shaping the platform’s trading list.
