Binance's first delisting vote, running March 21-28 (UTC+8), lets users (holding at least 0.01 BNB) vote on up to 5 projects from a list including JASMY, ZEC, and FTT; however, Binance's final decision considers other factors.
In the field of cryptocurrency trading, Binance, as an industry giant, has attracted much attention every move. Recently, Binance's official page released a message that the first batch of voting has been officially launched. This move not only caused waves in the cryptocurrency market, but also caused many investors to pay close attention to relevant news.
The voting starts at 14:30 on March 21, 2025 (UTC+8), and will last until 7:59 on March 28, 2025 (UTC+8), and the entire voting period is up to seven days . During this period, users need to actively participate and express their views on whether some projects will be removed from the shelves. However, Binance also clarifies the relevant rules for voting. Users must log in to their verified Binance account and hold at least 0.01 BNB in their trading account throughout the voting period so that their vote will be deemed valid. This rule is designed to ensure that voters have certain platform engagement and stakeholders.
In terms of voting permissions, 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 setting not only gives users a certain right to choose, but also avoids the excessive impact of individual users on the voting results, ensuring the fairness and breadth of voting.
It is worth noting that the voting results are not the only factor that determines the final decision to be removed from the shelves. Binance said project monitoring is still under continuous assessment and the final decision will be made by Binance in accordance with the official review process and standards. This means that even if some projects receive more votes in the vote that support the removal, it does not mean that they will definitely be removed; on the contrary, projects that receive fewer votes against may not necessarily continue to trade on the platform. Binance will conduct a comprehensive and in-depth review of the project in combination with multiple factors.
The options for this vote cover multiple projects, including JASMY, ZEC, FTT, ELF, SNT, STPT, BAL, ARK, GPS, MBL, PROS, CTXC, HARD, BETA, CREAM, FIRO, VIDT, NULS, TROY, ALPACA, UFT . These projects have their own characteristics and development history in the cryptocurrency market, and their future destiny is closely related to the results of this vote and Binance's final review decision.
It is crucial for investors to keep an eye on this dynamic of Binance. Whether investors holding tokens for related projects or participants paying attention to the overall development of the cryptocurrency market, they need to re-examine their investment strategies and judgments on the market based on this information. For the entire cryptocurrency market, Binance's move may also trigger a series of chain reactions, prompting other trading platforms to reevaluate their own project listing and removal mechanisms, thereby promoting the entire industry to develop more standardized and healthy.
