Binance Exchange Announces Delisting of 5 Altcoins in the First Week of July

Binance, the world’s leading cryptocurrency exchange by trading volume, has announced the delisting of five altcoins from its platform. The affected cryptocurrencies are Stella (ALPHA), Biswap (BSW), Komodo (KMD), LeverFi (LEVER), and LTO Network (LTO). The exchange will stop spot trading for these tokens on July 4, 2025, at 03:00 UTC. Binance will delist ALPHA, BSW, KMD, LEVER, and LTO According to the official statement, Binance’s decision to delist these tokens stems from the regular review of assets on its platform. The main factors considered during the review process include the commitment of the project team, development progress, trading volume, network security, community engagement, regulatory compliance, etc. “When a coin or token no longer meets these standards or the industry context changes, we will conduct a more in-depth evaluation and may proceed with delisting. Our priority is to ensure the best services and protections for our users while continuing to adapt to the changing market dynamics,” thông báo wrote. The deposit for ALPHA, BSW, KMD, LEVER, and LTO will stop on July 5 at 03:00 (UTC). In addition, withdrawals will stop on September 3. Binance services such as Simple Earn, Dual Investment, and Gift Cards will also stop supporting these tokens. It is noteworthy that while the spot trading service for these tokens will cease, futures trading will not be affected. “The contracts for trading token(s) mentioned above are not affected, and users can continue trading. To protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may implement additional protective measures for the contracts of token(s) mentioned above without further notice,” the exchange added. The delisting announcement has caused significant volatility in the market, with LTO and KMD being the most affected. KMD saw the largest drop as the price fell by 50%. Although it has recovered from a low of $0.041 to $0.068 at the time of the press report, the price is still down by 17%. LTO follows with a price decrease of 42.8%. This altcoin, which has lost 82.8% in the past year, has recovered somewhat since then. It has minimized its losses and decreased by 15.4% at the time of writing.

Meanwhile, ALPHA and BSW also experienced relatively smaller declines but at double-digit levels of 17.6% and 15% respectively. LEVER was the least affected, with a more modest decline of 7.8%. However, their recovery is quite remarkable as they have quickly reversed these losses. At the time of writing, ALPHA, BSW, and LEVER have increased by 14.7%, 28.6%, and 8.6% respectively. The bearish pattern is not uncommon. Binance’s delisting announcements often lead to a similar market reaction, as seen in the past with many altcoins. This is due to the delisting reducing liquidity, visibility, and market accessibility, often causing panic selling and investor uncertainty, amplifying the decline in the value of the token.