Binance Delists Four Digital Assets

Recently, Binance, one of the largest cryptocurrency exchanges globally, announced its decision to remove four digital assets from its listing: AirDAO $AMBUSD, CLV $CLVUSD, StormX $STMXUSD, and VITE $VITEUSD. This decision will take effect on February 24, 2025, at 03:00 UTC and is part of the company’s ongoing efforts to maintain high standards of quality and user security.

Reasons for Asset Delisting

The primary reason for the removal of these tokens is the regular evaluation of their compliance with established criteria. The stability and volatility of an asset play a crucial role in its presence on the platform. Binance conducts periodic assessments to ensure that users have access only to high-quality assets.

Key Aspects of the Decision:

1. Removal of AMB, CLV, STMX, and VITE assets;

2. Commitment to user protection through asset evaluations;

3. Maintenance of high-quality standards.

Important Dates to Note

Users are advised to close their open positions and settle any outstanding credits. To facilitate this, here are the key deadlines:

• February 21, 2025, at 09:00 UTC - Delisting of AMBUSDT and STMXUSDT futures.

• February 20, 2025, at 06:00 UTC - Removal of AMB, CLV, STMX, and VITE from margin trading.

• February 24, 2025, at 03:00 UTC - Official delisting of the tokens from the platform.

Recommendations for Users

To ensure smooth trading, users should consider the following advice:

• Close open positions for AMBUSDT and STMXUSDT before February 21, 2025;

• Settle any outstanding credits for AMB, CLV, STMX, and VITE before February 20, 2025;

• Exercise caution with services such as Binance Convert and Auto-Invest, as these will also cease to support the affected tokens.

Binance's decision to delist four digital assets reinforces its commitment to maintaining high quality standards. Changes on such platforms can significantly impact the market, and users should stay informed about the latest news and recommendations.