Binance Axes 5 Altcoins in July Purge – Here’s What You Need to Know

Binance just dropped the hammer – five altcoins get the boot on July 4. No warnings, no apologies – just another day in crypto’s ruthless survival game.

Which coins got cut? The exchange isn’t spoon-feeding details, but traders are scrambling to dump positions before the delisting tsunami hits. Liquidity’s about to evaporate faster than a memecoin’s utility.

Why now? Binance’s infamous ‘periodic reviews’ strike again – the same process that’s wiped out dozens of projects before. Compliance costs? Low volume? Or just cleaning house before the next bull run? Take your pick.

Pro tip: This is why you never marry your altbags. Exchanges giveth, and exchanges taketh away – usually at the worst possible time. The only certainty? That 0.1% trading fee Binance pockets on your way out.

In a MOVE aimed at keeping its marketplace clean and compliant, Binance has announced that five altcoins—Stella (ALPHA), Biswap (BSW), Komodo (KMD), LeverFi (LEVER), and LTO Network (LTO)- will be delisted from the platform on July 4, 2025. 

This decision follows a routine evaluation by Binance, which checks projects for development activity, transparency, trading volume, and, increasingly, how well they hold up under regulatory scrutiny. The news, which came during Asia’s trading hours, triggered a sharp sell-off, with traders rushing to exit their positions.

What This Means for Altcoin Holders

Starting July 4 at 06:00 AM UTC, users will no longer be able to trade ALPHA, BSW, KMD, LEVER, and LTO on Binance. Open orders will be cancelled, and any leftover tokens will be returned to users’ spot wallets. Until then, traders still have time to shift their holdings, either by moving to other exchanges or storing tokens in private wallets. For users involved in derivatives or flexible earn products tied to these tokens, the impact will depend on the specific trading pairs, but most associated services will also be discontinued.

This announcement has sparked concern in the affected token communities, many of which now face the challenge of moving trading activity elsewhere. For investors, it’s a moment to reassess positions and decide whether to hold or exit these projects entirely.

Shortly after the announcement, all 5 tokens saw a mixed reaction. Many of them suffered losses, while some of them remained green.

How Binance Made Its Decision

Behind the scenes, Binance is tightening its listing standards to better align with global regulations and investor safety. The exchange now evaluates tokens using a more detailed framework, considering things like team engagement, technical progress, liquidity, network security, and ethical practices. Any major red flags, like team changes or sudden supply increases, can trigger a review and potential delisting.

By doing this, Binance is signaling that weak or non-transparent projects will no longer be tolerated. This approach not only protects users but also pushes the industry toward higher standards. And with regulators around the world watching closely, Binance’s updated rules are likely to influence how other major exchanges manage their listings too.

Important Dates and What Users Need to Do

Binance users should close any open trades involving the soon-to-be delisted tokens before July 4, 2025, and consider moving their assets to other available trading pairs. Since deposits for these tokens may be suspended without much notice, it’s important to stay updated through Binance’s official announcements. The exchange also confirmed it will keep refining its listing and delisting standards going forward.