Cryptocurrency exchange Binance announced the completion of its first ‘Vote for Deletion’ phase and will remove 14 tokens from its platform on April 16. This decision was made based on a combination of community voting and internal evaluation criteria. Thousands of users participated in the voting process, which involved multiple layers of verification to eliminate fake votes and invalid participants. Various factors such as trading activity, development quality, team responsiveness, community communications, legal risks, and signs of unethical behavior were influential in the final selection of tokens for deletion. Binance warned that even tokens that survived this initial round may be removed in the future. The platform has asked users to be prepared for upcoming changes, close their open positions, stop trading bot activities, and withdraw affected assets before key deadlines.
Binance announces removal of 14 tokens. Users urged to prepare for changes and take necessary actions before deadlines.