Binance Conducts 1st Community Vote to Delist 14 Crypto Tokens

Binance, the well-known crypto exchange, has recently announced a community vote to take place on April 16 for the delisting of 14 crypto tokens on April 26. The crypto assets in the list of community vote include Badger DAO ($BADGER), Balancer ($BAL), Beta Finance ($BETA), Cream Finance ($CREAM), and Cortex ($CTXC). Additionally, Aaelf ($ELF), Firo ($FIRO), Kava Lend ($HARD), NULS ($NULS), Prosper ($PROS), Status ($SNT), TROY ($TROY), UniLend ($UFT), and VIDT DAO ($VIDT) are also a part of the list.

14 Crypto Tokens to Be Delisted by Binance See Free Fall Since Announcement

All of the 14 crypto tokens that Binance intends to delist have been going through a free fall since the announcement. Specifically, Badger DAO ($BADGER) is now changing hands at $0.8699, following a dip from $1.0945. This denotes a 20.36% plunge during the recent twenty-four hours. Apart from that, Badger DAO ($BADGER) is currently trading at $0.7758 after dropping from $1.0401. Its price performance shows a 24.64% decline over the recent 24 hours.

Simultaneously, Beta Finance ($BETA) is moving around $0.007626, after a decrease from $0.01719. In this respect, the crypto asset highlights a 53.21% decline over the 24 hours. Along with that, Cream Finance ($CREAM) and Cortex ($CTXC) signify 55.22% and 26.56% price slumps at $1.74 and $0.08630. Moreover, Aaelf ($ELF), Firo ($FIRO), and Kava Lend ($HARD) point out a 6.22%, 51.03%, and 45.66% decreases at $0.2122, $0.3535, and $0.08304.

Concurrently, NULS ($NULS), Prosper ($PROS), and Status ($SNT) display 48.71%, $57.25%, and 12.32% price dips at $0.4236, $0.1082, and $0.01681, respectively. Additionally, TROY ($TROY), UniLend ($UFT), and VIDT DAO ($VIDT) stand at $0.0004333, $0.02287, and $0.01234, showing 38.45%, 46.47%, and 42.00% price plunges.

Crypto Exchange to Gradually Pull Back Support for Assets From April 9 to April 16

According to Binance’s announcement, the crypto exchange is suspending the margin borrowing as well as Binance Buy & Sell support for these assets on April 9th. After that, the final date in the case of Margin and Futures services, along with Mining Pool and Binance Pay support, is April 14. In addition to this, the crypto exchange will terminate support for Convert Low-Value Assets Spot Copy Trading services for these assets. Ultimately, on the 16th of this month, Binance will delist these 14 tokens from its Spot trading ecosystem while also removing them from Binance Gift Card.