Binance, the largest cryptographic exchange on commerce volume metrics, inspired free falls for three Altcoins on Wednesday, after an announcement that they were marked for the list.
The exchange revealed the decision on September 3 during the first hours of the Asian session, causing a sudden but almost immediate price accident.
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Binance to eliminate 3 altcoins: what users should know
The announcement highlighted Bakerytoken (Bake), Hifi Finance (HIFI) and Autocera (SLF) as marked tokens for elimination.
From September 17 at 03:00 UTC, the Exchange Binance will stop negotiating the three Altcoins. The elimination will affect all commercial pairs for the Altcoins.
“The spot pairs of the token (s) mentioned above will be eliminated. All commercial orders will be automatically eliminated after the negotiation ceases in each pair of respective negotiation. Binance will end the negotiation bots services for the spot negotiation pairs mentioned above in 2025-09-09-17 03:00 (UTC), when appropriate,” advertisement in the ad.
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In this context, Binance advised users to update and/or cancel their commercial bots before the cessation of services to avoid possible losses.
The deposits of these tokens will not be accredited to user accounts after September 18. Similarly, retreats will not be supported after November 18.
Following the Binance Delisting announcement, Bake and SLF prices fell into two digits, while Hifi lost 7%.
The involvement in the prices of the Altcoins was not surprising, similar to the tokens reactions in the past exclusion ads.
For example, Binance’s announcement in April of the expulsion of 14 Altcoins made the affected tokens collapsed. Some, such as Beta, Hard and Nuls, lost more than 40% in value.
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Meanwhile, Binance generally takes exclusive actions after periodic reviews. This guarantees that tokens in their product suite meet the standard and industry requirements.
“When a currency or Token no longer meets these standards or the changes in the industry, we carry out a deeper review and eliminate it.
The key considerations in such reviews range from the commitment of the equipment, the structural changes in the property, the volume of negotiation and liquidity.
Meanwhile, Binance Spot Copy Trading will eliminate the three Altcoins on September 10 at 03:00 (UTC).
Subsequently, any pending asset will be welded by force at the market price. Alternatively, they could move to the spot account if the amount is not sellable.
Therefore, users must also update or cancel their negotiation portfolios of specific copies before September 10 to avoid possible losses.