The world’s largest crypto exchange Binance removed 18 tokens from the Alpha listing pool, meaning they will no longer be actively offered for new purchases on the platform. Users who already own them can still sell them or trade them in other ways.
Here is a list of the removed tokens: ALON, CA, HAT, URO, LUCE, Aimonica, House, LMT, degenai, MCH, RIF, ASRR, YNE, MAXONSOL, GRIFT, vvaifu, HAPPY and PAIN.
This year Binance introduced a formal verification mechanism for its Alpha platform. Projects listed on it must meet both qualitative and quantitative criteria, such as trading volume, liquidity, community activity, team credibility, and regulatory compliance. Tokens that do not meet these standards may be removed.
It appears the crypto exchange is tightening its policies, turning Alpha into an exclusive platform rather than an open pool for new tokens. While this will make it more difficult for projects to list, it should also reduce trading hype and improve overall quality.
This isn’t the first time small tokens have been delisted. In July Binance removed the ALPHA, BSW, KMD, LEVER and LTO tokens, citing low liquidity and trading volume. A few days ago, following regular analysis, the exchange removed the A/FDUSD, AXS/BNB, GALA/BTC, and PNUT/BRL spot trading pairs for other tokens.