Binance, the most prominent cryptocurrency exchange is launching the second round of its ‘Vote to Delist’ initiative starting today, i.e, April 10, 2025. The delisting initiative is a community-driven plan that allows eligible users to vote on whether some underperforming or non-compliant projects should be considered for elimination from the platform.
Binance Releases Second Round of ‘Vote to Delist’
Projects included in this round of voting are: ZEC, JASMY, FTT, STPT, ARK, ARDR, GPS, MBL, PERP, MKN, WING, LTO, FLM, BSW, ALPACA, VOXEL, and PDA.
According to the exchange’s official announcement, voting will open 30 minutes before the start time and remain active for a full week, running from April 10 at 04:00 UTC until April 16 at 23:59 UTC. To take part, users must be logged into their verified Binance account and maintain a minimum balance of 0.01 BNB in their trading account throughout the voting period. Each user may vote for up to five projects from the delisting pool but can also choose to vote for fewer. As per the official statement, only one vote per project is allowed for each verified account.
The ‘Vote to Delist’ initiative is Binance’s broader community governance plan, which also includes the “Vote to List” feature. While the voting results don’t automatically determine a project’s delisting, they significantly inform the exchange’s internal review process.
Before delisting a project, the exchange also takes into account factors such as the commitment of the project team, trading volume, and liquidity, network security, user following, communication transparency, the exchange’s due diligence check reports, regulatory adherence, and tokenomics. Evidence of fraud, negligence, or misconduct is also taken seriously.
Due to local regulations, residents of certain regions-including the U.S., UK, EU, Japan, Canada, Australia, UAE, Singapore, Germany, Russia, Nigeria, and others-are restricted from participating in this program. Binance also monitors for irregular voting activity and will disqualify votes from accounts suspected of bulk registration or fraud. The platform retains full authority to alter the terms or cancel the voting process as necessary.
To cast a vote, eligible users should visit the official “Vote to Delist” post on Binance Square, select the projects they believe should be removed (up to five), and submit their votes during the designated period.
Also Read: Binance Announces Delisting of 14 Altcoins, Token Prices Plummet Over 50%
