Binance, the leading crypto exchange globally, has launched round two of its delisting campaign. Seventeen tokens are now under review, each marked with the concerning label “Monitoring.” This initiative employs crowd-driven accountability to enhance transparency in listing processes.
The Tokens Under Review
The newly announced Vote to Delist scrutinizes tokens such as FTT, JASMY, ZEC, VOXEL, GPS, and WING. The voting took place on April 10; further updates on additional delistings will follow this week. Binance has made it clear that only verified account holders with at least 0.01 BNB can participate in the voting.
馃毃 Binance shares 2nd list for “Vote to Delist” 馃毃 These tokens are now part of the new voting round: $FTT, $GPS, $ZEC, $JASMY, $PDA, $VOXEL, $ALPACA, $BSW, $STPT, $ARK, $FLM, $MBL, $WING, $PERP, $ARDR, $NKN, $LTO.
Users can vote to keep or remove them from Binance. #Binance source
Each user can vote on up to five tokens, yet Binance highlights that community feedback is not the sole determining factor in their decisions. They will also evaluate metrics including trading volume, liquidity, team commitment, development activity, and compliance with regulations.
Understanding Binance’s Stricter Listing Standards
The Vote to Delist campaign is part of a broader effort by Binance to enforce more stringent listing requirements. Over the past year, the exchange has intensified its focus on ensuring that listed tokens adhere to higher standards of transparency, development, and user protection.
For example, in the first Vote to Delist phase earlier this month, 14 underperforming tokens鈥攊ncluding BAL, CREAM, and SNT鈥攚ere removed due to slow development, low trading activity, and compliance concerns.
As the number of altcoins in circulation continues to surge, Binance鈥檚 measures signal a commitment to prioritizing quality over quantity in the ecosystem.
