Binance's delisting vote, open March 21-28, requires a verified account holding at least 0.01 BNB to participate, with each user limited to five votes, one per project.
On March 21, Binance's official page showed that the first batch of voting was officially launched. The vote starts at 14:30 (UTC+8) on March 21, 2025 and ends at 7:59 (UTC+8) on March 28, 2025. It will last for seven days, the so-called "voting period". This initiative aims to optimize crypto asset projects on the platform through community participation and provide users with a better and safer trading environment. For users, if they want to participate in this voting and removal activity, their accounts need to meet specific conditions.
First, the user must log in to the verified Binance account. Binance has always been committed to ensuring the security and compliance of the platform. Verifying accounts is an important part of ensuring the authenticity and reliability of user identities. Only verified accounts can participate in various important activities of the platform, and this voting is no exception. This not only prevents malicious ticket swiping and other behaviors, protects the rights and interests of the majority of users, but also helps maintain fairness and justice of the platform.
Secondly, the user must hold at least 0.01 BNB in his trading account throughout the voting period. As the core cryptocurrency of the Binance ecosystem, BNB plays an important role in many platform activities. Require users to hold a certain number of BNBs, on the one hand, can enhance the close connection between users and the platform ecosystem, and on the other hand, it also reflects that Binance hopes that users have a tangible interest relationship with the development of the platform, so as to exercise their voting rights more prudently.
In terms of voting rules, each user can vote for up to 5 items in the delisted voting pool, and each certified account can only vote for one vote for each item. This restriction ensures fairness and decentralization of voting, avoids excessive impact of individual users on voting results, and allows voting results to more broadly reflect the overall opinions of the community.
It should be noted that the voting results are not the only factor that determines the final decision to be removed from the shelves. Project monitoring is still under evaluation, and the final decision will be made by Binance in accordance with the official review process and standards. The options for this voting include 21 projects including JASMY, ZEC, FTT, ELF. Binance will comprehensively consider many factors of the project, such as the project's technical strength, community activity, market performance, compliance, etc., to ensure that the decisions made are in line with the long-term interests of the platform and users.
In short, Binance aims to create a transparent, fair and effective decision-making mechanism for asset removal by setting specific account conditions and voting rules. When participating in voting, users should fully understand the relevant rules and requirements and exercise their voting rights prudently. At the same time, pay attention to the subsequent information released by Binance to ensure timely grasp the voting results and the final decision on the project removal.
