Binance delisting six altcoins by Apr 23, after earlier removals
Binance has issued a Binance delisting notice for six altcoins effective April 23, 2026: BIFI, FIO, FUN, MDT, OXT, and WAN. Binance delisting will remove these coins from Binance spot trading pairs, and also from futures, margin, and earn products. Withdrawals will remain available until further notice, but trading on Binance is expected to be largely unavailable after the deadline.
Binance cited persistently low trading volume and failure to meet ongoing liquidity/project-viability requirements. The move follows an earlier Binance delisting on April 1, when Binance removed eight cryptocurrencies on roughly a 12-day notice.
For traders, the key implications are liquidity gaps and spread widening as the deadline nears, plus forced repositioning or sell-through that can pressure prices on the removed tokens. Market impact may persist until alternative venues absorb the flow, with sentiment typically fragile due to panic/fragmented liquidity.
Both articles also note that this repeated listing/delisting cycle has drawn criticism on social media.
Bearish
This is bearish for the affected tokens because Binance delisting typically causes a sharp liquidity drop around the deadline. That can widen spreads, reduce order-book depth, and trigger forced selling or repositioning—often leading to outsized short-term downside even if the coins trade elsewhere. Longer-term impact depends on whether alternative venues can absorb volume and whether much of the risk is already priced in, but near-term volatility is usually elevated. The earlier April 1 removals also suggest a recurring pattern that can keep sentiment fragile and pressure prices in the removed set.