The post Binance Announces Delisting of ALPACA, PDA, WING, and VIB appeared on BitcoinEthereumNews.com.

Binance, the world’s largest cryptocurrency exchange, has announced that it will delist four tokens. These include Alpaca Finance (ALPACA), PlayDapp (PDA), Wing Finance (WING), and Viberate (VIB). PDA, WING, and VIB witnessed a notable drop in value following the announcement. Yet, ALPACA has bucked the trend, experiencing a surge despite its impending removal from the platform. Binance To Delist ALPACA, PDA, WING, and VIB According to the official announcement, the delisting will take effect on May 2 at 03:00 UTC.  After May 3, users will no longer be able to deposit these tokens.  In addition, withdrawals will be unavailable after July 4. Lastly, open positions in Binance Futures related to the tokens will be closed by April 30.  The decision aligns with Binance’s periodic review process, which evaluates tokens based on factors such as volume, liquidity, project team activity, compliance with regulatory requirements, etc. The exchange stated that these tokens failed to meet the required criteria, prompting their removal. “When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics,” Binance noted. The move came shortly after Binance wrapped up the second round of the “Vote to Delist” campaign. 8.2% of the total votes were in favor of delisting PDA. Meanwhile, ALPACA followed with 6.3% of the votes, and WING garnered 3.8%. VIB was not included among the 17 tokens up for community voting. Interestingly, despite the FTX Token (FTT) leading the vote with 11.1%, Binance has excluded it from its latest list of tokens to be removed from the platform. ALPACA’s Surge Amid Binance Delisting Sparks Concerns Following the news, PDA, WING, and VIB…

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Filed under: News - @ April 24, 2025 7:21 am