Binance has announced plans to delist six tokens from its platform following a periodic review of listed assets. The exchange confirmed that Beefy Finance (BIFI), FIO Protocol (FIO), FUNToken (FUN), Measurable Data Token (MDT), Orchid (OXT), and Wanchain (WAN) will be removed from trading in the latest round of delistings.
According to Binance, the decision follows routine evaluations of projects based on factors such as liquidity, trading volume, development activity, and compliance standards. The exchange also provided a timeline for trading suspension, deposits, and withdrawals.
Binance to Delist Six Tokens
According to the press release, spot trading for BIFI, FIO, FUN, MDT, OXT, and WAN will be delisted on April 23, 2026, at 03:00 UTC. Once trading is halted, all open orders for these tokens will be automatically canceled. Users will also no longer be able to execute trades involving the affected assets.
Ahead of the delisting, Binance has already begun phasing out related services. Margin borrowing for the affected tokens is scheduled to be suspended on April 10, 2026, followed by the removal of margin trading pairs on April 15, 2026. These steps will allow users to gradually wind down exposure before spot trading is fully discontinued.
Following the spot trading removal, Binance will disable deposits for the affected tokens on April 24, 2026. Users holding these assets will still be able to withdraw their funds until June 23, 2026, after which withdrawal support may be discontinued.
The exchange also noted that any trading bots associated with the delisted tokens will be terminated at the time of delisting. Binance advised users to review and update automated trading strategies to avoid potential disruptions during the transition period.
Why Binance Is Delisting These Tokens
Binance stated that the removal follows its ongoing monitoring process, which evaluates projects based on several criteria. These include development activity, trading liquidity, team commitment, network security, and regulatory considerations.
When tokens no longer meet these standards, Binance may delist them to maintain platform quality and protect users. The exchange regularly conducts these reviews, leading to periodic removals of underperforming or inactive projects.
Such delistings are not uncommon, particularly as exchanges tighten listing standards and focus on projects with sustained activity and user demand. However, this doesn’t necessarily signal the project’s death.
Token delistings from major exchanges often lead to increased volatility. Traders adjust positions and liquidity shifts to smaller exchanges, affecting prices.
However, some projects continue operating after delisting, with traders moving to alternative platforms. That long-term impact often depends on project development, community support, and the availability of liquidity.
What Holders Should Know
Binance advised users holding the affected tokens to manage their positions before the delisting deadline. Once trading ends, users will still be able to withdraw tokens until June 23, 2026. The exchange also noted that delisted tokens may later be converted into stablecoins on users’ behalf, though this is not guaranteed.
With Binance continuing to review listed assets, traders will continue to monitor how the delisting of these six tokens will impact liquidity and price performance across smaller exchanges in the coming weeks.
The CoinRemark Team
Temitope Olajide
