Binance Removes Three Altcoins
Binance, the world’s largest cryptocurrency exchange by trading volume, has announced plans to delist three altcoins—Flamingo (FLM), Kadena (KDA), and Perpetual Protocol (PERP)—as part of its ongoing efforts to maintain quality and compliance across its listed assets. The decision has already sent ripples through the market, producing contrasting price reactions among the affected tokens.
According to the exchange, spot trading for FLM, KDA, and PERP will cease on November 12, 2025, at 03:00 UTC. Deposits for these tokens will end a day later on November 13, 2025, while withdrawals will remain open until January 12, 2026. In addition, related Binance services—such as margin trading, spot copy trading, mining pools, and token conversion—will be gradually phased out in early November 2025.
Binance explained that it periodically reviews listed tokens to ensure they continue to meet its standards for security, development activity, liquidity, and regulatory compliance. If a project fails to uphold these benchmarks, it may be subject to delisting to protect users and maintain market integrity. “Our goal is to safeguard our users while adapting to evolving market dynamics,” the exchange said in its statement.
The announcement triggered immediate market reactions. Kadena (KDA) dropped about 3%, extending its recent slump, while Perpetual Protocol (PERP) plunged 18%, reflecting heightened trader caution and reduced confidence following the delisting news. However, Flamingo (FLM) broke the usual trend—soaring nearly 48% despite the delisting move. Analysts speculate that the spike could be linked to speculative trading or short-term accumulation by investors anticipating the token’s migration to other exchanges.
For Binance users, the delisting means fewer trading options and a likely drop in liquidity for the three tokens once trading halts. Holders of FLM, KDA, and PERP are urged to withdraw their assets before the final cutoff date to avoid losing access once support ends.
While delistings are routine in the crypto industry, they often create waves of volatility and uncertainty, as markets react differently to each project’s fundamentals and community sentiment. Binance’s decision underscores its tightening compliance and due diligence standards, but also highlights the unpredictable nature of market psychology—where even a delisting can produce both panic selling and speculative surges.
