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COINTURK NEWS > Binance > Binance Invites Community to Vote on De-Listing Altcoins
Binance

Binance Invites Community to Vote on De-Listing Altcoins

In Brief

  • Binance launches a community vote for delisting altcoins on March 21, 2025.

  • Voters must have verified accounts and hold a minimum of 0.01 BNB.

  • The final decision will involve multiple evaluation factors beyond community votes.

Ömer Ergin
Ömer Ergin 2 months ago
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Binance has implemented a new policy regarding its altcoin listing. Starting March 21, 2025, the exchange launched a community vote called “Vote to Delist.” Users will have the opportunity to vote for the projects they wish to see removed from the platform. However, the final decision will depend on Binance’s official evaluation process. The voting period will last for seven days.

Contents
Understanding the “Vote to Delist” SystemVoting Criteria and Process Overview

Understanding the “Vote to Delist” System

Binance has begun collaborating with the community in its altcoin listing decisions. The second system, “Vote to Delist,” will be implemented for the first time on March 21, 2025. This system will operate through a voting process on Binance Square, allowing users to vote for the altcoin projects they want to be removed. However, the voting results will not solely determine the final decision.

The voting will only include altcoin projects labeled with a “Monitoring Tag.” This tag is used for projects that Binance is already monitoring for potential removal risks. Projects previously announced for removal will not be included in this vote. Each user can vote for up to five projects, with only one vote permitted per project.

Binance Altcoin Delist

To participate in the voting, users must have a verified Binance account. Additionally, during the voting period (March 21 – 28, 2025), users must have a minimum of 0.01 BNB in their wallets. Votes will only be valid if submitted as comments under the official post on Binance Square. The results will be shared in real-time but will not be considered final.

Voting Criteria and Process Overview

When deciding to remove an altcoin, Binance considers multiple factors. Community voting is just one of these factors. Additional considerations include the project team’s commitment, the quality of development activities, trading volume, and liquidity. Furthermore, network security, communication with the community, and regulatory compliance are key criteria affecting the process.

The voting process begins on March 21, 2025, at 09:30 and concludes on March 28, 2025, at 02:59. Binance aims to establish a more transparent and participatory structure by considering community opinions. However, the final removal decision will follow Binance’s official evaluation process.

It is crucial for users participating in the voting to adhere to the voting conditions; otherwise, their votes will be deemed invalid. It is also emphasized that votes must only be submitted under the official post. Binance expressed gratitude to the community for participating in the voting process and suggested that all users consider the delisting criteria when evaluating projects.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 21 March, 2025 - 2:38 pm 21 March, 2025 - 2:38 pm
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