Binance, the world’s leading cryptocurrency exchange by trading volumes, has announced five Altcoin listings from the platform.
The cryptocurrencies affected are Stella (Alpha), Biswap (BSW), Komodo (KMD), Leverfi (Lever), and LTO Network (LTO). Exchanges will cease spot trading for these tokens at 03:00 UTC on July 4, 2025.
Binance to the Registration Committee of Alpha, BSW, KMD, LEVER and LTO
According to the official statement, Binance’s decision to abolish these tokens comes from regular reviews of assets on the platform. Key factors considered during reviews include project team commitment, development progress, transaction volume, network security, community involvement, and regulatory compliance.
“If a coin or token no longer meets these standards or changes in the landscape of the industry, we will conduct a more detailed review and potentially register it. Our priority is to ensure optimal service and protection for our users while continuing to adapt to evolving market dynamics,” the announcement read.
Alpha, BSW, KMD, Lever and LTO deposits will be suspended at 3:00am on July 5th (UTC). Additionally, the withdrawals will be suspended on September 3rd. Binance services such as simple acquisition, double investment, and gift cards will also remove support for these tokens.
It is worth noting that spot trading services for these tokens will be suspended, but futures trading will remain unaffected.
“The aforementioned token trading contracts will not be affected and users may continue to trade. To protect users and prevent potential risks in highly unstable market conditions, Binance Futures may take additional safeguards towards the aforementioned token contracts.
The delisting announcement caused the LTO and KMD to experience the most severe impacts and caused significant volatility in the market. The latter saw the most sharp drop as prices fell 50%. Although they were able to recover from the lows of $0.041 to $0.068 at press time, prices were still falling 17%.
The LTO continued with a price drop of 42.8%. Altcoin, which depreciated 82.8% over the past year, has recovered slightly. Minimizing losses and reduced by 15.4% at the time of writing.
Meanwhile, Alpha and BSW saw a relatively small but double-digit decrease of 17.6% and 15% respectively. The lever was most affected, experiencing a more modest DIP of 7.8%.
Nonetheless, their recovery was very pronounced as they quickly reversed these losses. At the time of writing, Alpha, BSW, and lever had increased by 14.7%, 28.6% and 8.6%, respectively.
A pattern of decline is not uncommon. As has been seen in the past with many altcoins, Binance’s listing announcements often lead to similar market reactions. This is because registration reduces liquidity, visibility, and market access, and often causes panic sales and investor uncertainty, amplifying a decline in token value.
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