Key Insights:
- Binance news shows that it will delist ICX, SCRT, and STORJ from spot trading on September 3.
- The three Bitcoin.">altcoins face earlier deadlines across Binance Futures, Margin, Earn, and other services.
- CZ says US access for Hyperliquid could open the door for more crypto platforms and services.
Recent Binance updates have brought three Bitcoin.">altcoins into focus after the exchange announced it will remove ICX, SCRT, and STORJ on September 3, while founder Changpeng Zhao commented on US initiatives involving Hyperliquid, noting that expanded access could benefit the broader crypto sector. This transition gives traders multiple critical timelines to monitor as deadlines approach.
Binance News Puts Three Altcoins On Delisting List
Binance has formally stated that ICON (ICX), Secret (SCRT), and Storj (STORJ) will be dropped from all spot trading pairs on September 3 at 03:00 UTC. The exchange explained that this action followed its most recent evaluation of the three digital assets.
According to Binance, its assessment reviews multiple criteria prior to removing any token. These factors encompass the commitment of the project team, development progress, trading volume, liquidity levels, network security, public communication, community participation, and responsiveness to due diligence inquiries.
Additional evaluation metrics include potential instances of negligence or fraudulent behavior, regulatory updates, modifications to tokenomics or token supply, shifts in project ownership or core team personnel, and prevailing community sentiment. Binance did not disclose individual explanations for each specific token.
Once trading ceases, the spot trading pairs will be officially removed, and any active trade orders will be canceled automatically. Furthermore, Binance confirmed that Trading Bots linked to the impacted pairs will terminate at that exact time.
Altcoins Face Several Binance Deadlines
The operational consequences for these Bitcoin.">altcoins begin prior to the principal September 3 deadline. Binance Spot Copy Trading will remove the pairs on August 27 at 03:00 UTC, after which remaining assets will either be force-leveraged position when margin no longer covers losses.">liquidated at market value or transferred to the Spot Account if liquidation fails.
Derivatives users are also subject to an advanced timeline. Binance Futures will automatically close positions and settle the affected contracts on August 26 at 09:00 UTC, with the creation of new positions disabled starting at 08:30 UTC that same day.
Margin services will halt borrowing on August 21 at 06:00 UTC, ahead of the complete removal of the tokens from Portfolio, Cross, and Isolated Margin on August 26 at 10:00 UTC. Binance advised users to close out open positions or relocate assets prior to the planned delisting dates to prevent potential financial losses.
Additional platform functions are likewise impacted. Simple Earn will cease supporting the tokens following August 27 at 07:00 UTC, Binance Pay will drop them on August 26 at 03:00 UTC, and Binance Convert will remove them on September 3 at 02:00 UTC.
Token deposits will no longer be credited after September 4 at 03:00 UTC, whereas withdrawals will remain open until November 3 at 03:00 UTC. Notably, Binance mentioned that the removed tokens might eventually be converted into stablecoins, though such a conversion is not guaranteed.
Binance News And CZ Weigh In On US Crypto Policy
This round of Binance updates coincides with remarks from Binance founder Changpeng Zhao regarding the United States digital asset landscape. Crypto Banter reported that CZ responded to the Trump administration’s efforts to integrate Hyperliquid into the US market in a fully compliant framework.
CZ expressed that this development could yield positive outcomes for the broader cryptocurrency ecosystem beyond just Hyperliquid, highlighting the prospect that additional perpetual decentralized exchanges and alternative decentralized offerings might become accessible to US-based users.
This perspective introduces a separate regulatory element to the ongoing Binance news narrative. Even as the exchange phases out three specific altcoins, CZ is drawing attention to a prospective expansion for decentralized crypto solutions within the United States.
Simultaneously, broader trading activity on Binance attracted industry notice. Market influencer Spigg highlighted via social media that Binance generated $14.6 billion in 24-hour trading volume, up significantly from roughly $4 billion the day prior—a metric independently supported by CoinGecko data.
The commentary suggested that this surge reflects high market conviction and a concentration of liquidity toward the leading exchange. For asset holders, however, the most urgent priority remains managing positions according to Binance’s service-specific timetables.
Frequently Asked Questions
- Which altcoins are being delisted by Binance?
Binance is delisting ICON (ICX), Secret (SCRT), and Storj (STORJ) from spot trading on September 3. - When will spot trading for ICX, SCRT, and STORJ end?
Spot trading and associated trading bots for these tokens will stop on September 3 at 03:00 UTC. - What did CZ say about US crypto policy?
Changpeng Zhao noted that US compliance for Hyperliquid could pave the way for more decentralized platforms and services to open up to American users. - Are withdrawals still allowed after the delisting?
Yes, token withdrawals will remain open until November 3 at 03:00 UTC.
