On March 21, 2025, Binance announced the initiation of its first batch of community votes regarding the potential delisting of certain digital assets.
On March 21, 2025, Binance announced the initiation of its first batch of community votes regarding the potential delisting of certain digital assets. This new mechanism aims to enhance user engagement by allowing the Binance community to participate in the decision-making process for assets marked with a Monitoring Tag.
The voting period will commence shortly after the announcement, beginning at 6:30 a.m. UTC on March 21, and will last until 11:59 p.m. UTC on March 27, 2025. Users wishing to vote must hold a minimum of 0.01 BNB in their verified accounts throughout the voting period.
Each verified account can cast votes for up to five projects, with a single vote allocated per project.
Binance's existing delisting mechanism involves a comprehensive review of listed assets to ensure compliance with industry standards. Factors considered in the review process include development activity, the project team’s commitment, trading volume, network stability, community engagement, and responsiveness to due diligence requests.
The exchange also takes into account any evidence of unethical conduct or changes in regulatory requirements.
While the community's votes will influence the delisting decisions, they will not be the sole determinant. Binance will conduct its own review process to arrive at a final decision. Projects already slated for delisting will not be included in the voting pool.
Updates on the voting results will be provided in real time via the Binance Square Official channel. However, the exchange cautions that these results are preliminary and subject to the official review process.
This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators.
This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice.
The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap.
