Binance has announced the upcoming delisting of several digital assets — Stella (ALPHA), Biswap (BSW), Komodo (KMD), LeverFi (LEVER), and LTO Network (LTO) — as part of its ongoing commitment to maintaining high-quality listings and adapting to evolving market conditions. This decision follows a comprehensive review process based on multiple performance and sustainability metrics.
The exchange emphasizes user protection, transparency, and long-term ecosystem health as core principles guiding such decisions. Below is a detailed timeline and impact analysis across various Binance products and services.
Why Digital Assets Get Delisted
Binance conducts regular evaluations of listed cryptocurrencies to ensure they continue meeting strict standards. The following factors are considered during the assessment:
- Team dedication and project execution quality
- Trading volume and market liquidity
- Network stability, security, and resistance to attacks
- Public communication, community engagement, and transparency
- Responsiveness to exchange audits
- Ethical conduct — absence of fraud or manipulative behavior
- Regulatory compliance requirements
- Unreasonable changes in token supply or tokenomics
- Shifts in core team structure or ownership
- Community sentiment and feedback
Based on these criteria, Binance has determined that the aforementioned tokens no longer meet the platform’s listing standards.
Key Delisting Timeline
Spot Trading
- July 4, 2025, at 11:00 (UTC+8): Spot trading for ALPHA, BSW, KMD, LEVER, and LTO will be suspended.
- All open orders will be automatically canceled after this time.
- Users are strongly advised to close positions or transfer assets before the deadline to avoid potential losses.
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Spot Copy Trading
- July 3, 2025, at 11:00 (UTC+8): These tokens will be removed from the Spot Copy Trading feature.
- Any outstanding positions will be forcibly liquidated at market price.
- Unsellable assets will be transferred to users’ spot wallets.
- Users should adjust or cancel their copy trading portfolios in advance.
Wallet Services
After delisting:
- Delisted tokens will no longer appear in wallet valuations unless "Hide small assets" is disabled.
- July 5, 2025, at 11:00 (UTC+8): Deposits of these tokens will no longer be credited to Binance accounts.
- September 3, 2025, at 11:00 (UTC+8): Withdrawal functionality will be discontinued.
- Starting September 4, 2025, Binance may automatically convert remaining balances into stablecoins at prevailing rates (subject to separate notification). Conversion rates are not guaranteed.
Impact on Advanced Trading Products
Binance Futures
Perpetual contracts for these tokens will remain active. However, Binance Futures may implement additional risk controls without prior notice, including:
- Adjustments to leverage limits and margin requirements
- Modifications to funding rates (base rate, premium index, cap)
- Changes to price index composition
- Activation of the latest price protection mechanism for mark price updates
Users should monitor their positions closely due to potential volatility and increased margin calls.
Funding Rate Arbitrage Bot
- July 2, 2025, at 17:00 (UTC+8): All arbitrage strategies involving these tokens will be terminated and settled automatically.
- No new strategies can be created post-delisting.
Binance Earn
Locked & Flexible Savings
- July 3, 2025, at 11:00 (UTC+8): ALPHA, BSW, KMD, LEVER, and LTO will be removed from Binance Earn.
- Any active holdings (including accrued rewards) will be automatically redeemed and transferred to users’ spot wallets.
Dual Investment
- Subscription to dual investment products using these tokens will cease after the next Friday at 16:00 (UTC+8).
- Pending subscriptions will be redeemed early.
- Assets and proportional rewards will be credited within four hours.
Binance Pool
- July 2, 2025, at 11:00 (UTC+8): Mining support for these tokens will end.
- Final mining rewards will be distributed the following day.
- Miners should stop operations before this date to prevent loss of income.
Borrowing & Lending Services
Binance Loan
From July 2, 2025, at 11:00 (UTC+8):
- These tokens will be removed from both borrowable and collateral lists.
- Outstanding loans using these tokens as collateral or borrowed assets will be auto-liquidated.
- Users are encouraged to repay debts manually before the cutoff to avoid penalties.
Margin Trading
Key deadlines:
- June 27, 2025, at 14:00 (UTC+8): Borrowing function disabled for isolated and cross-margin accounts.
July 2, 2025, at 18:00 (UTC+8) (“Leverage Delisting Time”):
- All trading pairs removed from margin platforms.
- No further transfers allowed between spot and margin wallets.
- Isolated margin positions auto-closed; all pending orders canceled.
For cross-margin accounts:
If only collateral remains:
- If collateral maintenance level (CML) > 2: Partial transfer to spot wallet until CML reaches 2; remaining balance sold.
- If CML < 2: Entire balance sold immediately.
If only debt remains:
- If CML > 2: Orders remain active.
- If CML < 2: All orders canceled; other collateral used to repay debt.
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Other Affected Services
Binance Convert (Flash Exchange)
- July 4, 2025, at 10:00 (UTC+8): All trading pairs involving these tokens will be delisted.
- July 3, 2025, at 10:00 (UTC+8): Small asset conversion to BNB will no longer support these coins.
One-Click Buy/Sell
- June 27, 2025, at 03:00 (UTC+8): These tokens will be removed from the one-click buy/sell service.
Binance Gift Cards
- July 4, 2025, at 11:00 (UTC+8): These tokens will no longer be supported for gift card creation or redemption.
Binance Pay
- July 2, 2025, at 11:00 (UTC+8): These tokens will be delisted from Binance Pay.
Frequently Asked Questions (FAQ)
Q: Can I still withdraw my tokens after delisting?
A: Yes, but only until September 3, 2025. After that date, withdrawal functionality will be permanently disabled.
Q: Will I lose my funds if I don’t act before the deadlines?
A: You won’t lose access immediately. However, failure to withdraw or manage your holdings may result in automatic conversion to stablecoins at unfavorable rates or inability to trade.
Q: Why did Binance decide to delist these specific tokens?
A: The decision was based on a holistic review of project activity, liquidity, team engagement, security, and compliance. Tokens that fail to meet evolving standards are subject to removal.
Q: Are perpetual futures also being delisted?
A: No. Perpetual contracts will remain available, though enhanced risk controls may apply.
Q: How will automatic stablecoin conversion work?
A: If implemented, Binance will notify users in advance. Conversion occurs at market rates; exact timing and mechanics depend on operational considerations.
Q: What should I do if I use Portfolio Margin (Unified Account)?
A: Transfer affected assets from your margin account to spot before the delisting time. Monitor your unified maintenance margin rate (uniMMR) closely to avoid unintended liquidations.
Binance remains committed to fostering a secure, transparent, and sustainable digital asset ecosystem. Users are encouraged to stay informed and take proactive steps regarding their holdings.
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This article reflects general informational guidance and does not constitute financial advice. Always conduct independent research and consult professionals before making investment decisions.