Core Insights - Binance will delist StaFi (FIS), REI Network (REI), and Voxies (VOXEL) on December 17, 2025, due to poor liquidity and low trading volumes, with all three projects recording less than $1 million in daily volume prior to the announcement [1][2][4] Group 1: Delisting Announcement - The delisting was announced on December 3, 2025, as part of Binance's regular asset review process, which considers factors such as trading volume and market presence [2][3] - The removal of these altcoins will affect various services beyond spot trading, including Trading Bots, Spot Copy Trading, Simple Earn, mining pools, loans, and margin trading [3] Group 2: Market Impact - Following the announcement, the three altcoins experienced a significant drop in value, reflecting expectations of reduced liquidity in the market [4][6] - The delisting highlights broader challenges within the altcoin sector, as data indicates that the percentage of Binance-listed altcoins trading above their 200-day Simple Moving Average is at historic lows [7] Group 3: Project Performance - StaFi (FIS) and REI Network (REI) demonstrated weak market presence with trading volumes under $1 million, while Voxies (VOXEL) initially showed promise but declined steadily over six months [2][8] - REI Network's market data indicated a turnover ratio of only 0.609, with a $50,000 sell order capable of causing a 5% price move, underscoring its thin liquidity [8]
Binance Marks 3 Altcoins for Delisting: Everything You Need To Know
Yahoo Finance·2025-12-03 09:48