Key Notes

Key Notes:

Binance exchange said it will delist AMB, CLV, and two other tokens this month.The exchange said the removal would reflect on spot, arbitrage bots, and other key features.Top crypto trading platforms generally delist tokens that are non-compliant with key standards.

Binance, a leading crypto asset exchange, is making major changes to the tokens available on its trading platform. This time, four tokens, including AirDAO (AMB), CLV CLV $0.0335 24h volatility: 1.9% Market cap: $40.87 M Vol. 24h: $15.05 M , StormX STMX $0.00531 24h volatility: 50.2% Market cap: $57.60 M Vol. 24h: $90.45 M , and VITE (VITE), are getting delisted.

The move, announced in a blog post, is part of Binance’s ongoing effort to maintain high standards across its platform. The exchange constantly reviews the tokens it lists, and if a project falls short in key areas, it gets removed.

Per the post, Binance will stop trading on all spot pairs for AMB, CLV, STMX, and VITE. This means that users will no longer be able to buy or sell these tokens on the trading platform, and all existing trade orders for them will be canceled.

Users cannot see these digital assets in their balances unless they adjust some settings. Deposits for these tokens will not be credited after February 25, and withdrawals will only be available until April 24.

Futures trading for AMB and STMX closes on February 21. Likewise, funding rate arbitrage bots using these tokens will shut down on February 20. Margin trading restrictions will begin before February 20, with full removal.

It was revealed that auto-invest plans involving these tokens would be canceled after February 19. Also, the Binance Convert feature will stop supporting them by February 24. The crypto assets will also be removed from Binance’s gift card, crypto payment, and trading bot services.

The trading platform advised users to sell or withdraw their assets before the deadlines to avoid losses. In some cases, delisted tokens might be converted into stablecoins, but this is not guaranteed. Binance said it will provide updates if such a conversion takes place.

The decision to delist these tokens is not random. Per the post, Binance revealed that several factors are considered before making such a call. If a project’s development slows down, its team stops communicating, or its trading volume drops significantly, it raises red flags.

Earlier this month, Coinspeaker reported that Binance ended trading for QI/BTC, TLM/BTC, and VITE/BTC pairs on February 6, 2025. The exchange cited liquidity concerns for discontinued trading for the tokens.

Following the announcement, the tokens’ market values dropped significantly, highlighting the exchange’s influence on market prices.

Security is also a major concern. If a network becomes vulnerable to attacks or shows signs of instability, it no longer meets Binance’s safety standards. Compliance is another issue. The trading platform must ensure that listed tokens comply with legal requirements.

Globally, crypto exchanges prioritize regulatory compliance in their operations. They must adhere to regulatory standards or risk facing fines or ceasing operations in certain jurisdictions or regions.

Coinspeaker noted that multiple trading platforms, including Crypto.com, are now delisting Tether’s stablecoin USDT USDT $1.00 24h volatility: 0.1% Market cap: $142.50 B Vol. 24h: $37.41 B from their platforms. This complies with the European Union’s Markets in Crypto Assets (MiCA) regulations.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.

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