Crypto exchange Binance has officially announced the delisting of six tokens, Beefy.Finance (BIFI), FIO Protocol (FIO), FunToken (FUN), Measurable Data Token (MDT), Orchid (OXT), and Wanchain (WAN), as part of its routine asset review process.
The move will remove all spot trading pairs associated with these tokens, mainly affecting traders currently holding positions or using related services on the platform.
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Gradual Restrictions Begin Before Delisting
Before the final removal, Binance will introduce a series of restrictions across its ecosystem. Futures trading for these tokens will be halted earlier on April 15, with positions automatically settled shortly after.
Margin trading will also be suspended, and users will no longer be able to borrow or transfer these tokens into margin accounts. Other services like copy trading, staking (Simple Earn), and trading bots will be discontinued in phases leading up to the delisting.
These steps are designed to give users time to exit positions while preventing new exposure, similar to a controlled wind-down process.
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Final Delisting Scheduled for April 23
The official delisting will take place on April 23, 2026, at 03:00 UTC, when all spot trading pairs will be removed.
Users are strongly advised to close positions and cancel pending orders before the deadline. If not, Binance may automatically cancel orders, settle positions, or force-sell assets at market price.
What Happens to Remaining Assets?
After trading ends, deposits will be disabled from April 24, while withdrawals will remain open until June 23, 2026. If users fail to withdraw their holdings, Binance may convert remaining balances into stablecoins after June 24, although this is not guaranteed.
Overall, the move reflects Binance’s effort to maintain quality listings, while users must act early to avoid forced actions and potential losses.
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