Binance users can now decide which cryptocurrency the exchange can delist from its market.
Binance just introduced a new community-driven delisting mechanism, which allows users to share their opinion on which project to remove from the exchange.
For the first time, users can share their opinions on projects marked with a “Monitoring Tag” and vote to remove them. To vote, users simply need to head over to Binance Square Official and cast their votes.
This move marks a big step toward giving the Binance community a stronger voice in shaping the platform’s future.
The first batch of this “Vote to Delist” program kicked off on March 21, 2025, and runs until March 27, 2025. Binance invites the community to participate by visiting its official social platform, Binance Square, where the voting happens.
Anyone with at least 0.01 BNB (Binance’s native token, worth about $5.60 today) in their account can vote by selecting up to five projects they think should go. The first batch includes 21 tokens—like JasmyCoin (JASMY), Zcash (ZEC), and FTX Token (FTT)—all carrying that “Monitoring Tag.”
Binance wants its millions of users worldwide to weigh in on tokens that might not meet the platform’s standards anymore. Projects with a “Monitoring Tag” are ones the exchange has flagged for issues like low trading activity, lack of updates, or other warning signs. Now, the community gets to decide their fate.
For Binance, it’s been a journey of listening and adapting. For years, it has worked to balance its role as a trusted exchange with the fast-moving, unpredictable cryptocurrency market. With over 10 million tokens floating around the crypto market by early 2025, spotting the good ones—and weeding out the bad—has become a massive challenge.
In the past, Binance made all listing and delisting calls behind closed doors, relying on its internal team to judge which projects deserved a spot. But as the crypto community grew louder and more engaged, the exchange saw a chance to do things differently.
The idea started taking shape earlier this month. On March 7, 2025, Binance announced plans to shake up its listing process, hinting at a “community co-governance” model.
The exchange rolled out a “Vote to List” program first, letting users pick new tokens to add to the exchange. Encouraged by the response from its community, it decided to take it a step further by introducing the “Vote to Delist” program.
Tokens in the “Monitoring Zone” often sit there for months, losing value and trust, while users complain about clutter on the platform. Big delistings—like Monero, Filecoin, and Internet Computer in the past—sparked debates, with some arguing the process felt too secretive.
Binance clearly understood those concerns. By March 12, the exchange unveiled a stricter token review system for its Alpha platform, setting clear rules around trading volume, liquidity, and team credibility. But even with those guidelines, the exchange realized there was a need for community engagement.
Binance recently welcomed its first institutional investment of $2 billion from Abu Dhabi-based MGX for a minority stake in the firm.
