Gold 24K AED 511.75/gUSD/AED 3.6725USDT/AED 3.6711AED/INR 25.87All live rates →

Binance to Delist Three Altcoins, Causing Price Drops

Binance, the world’s largest crypto exchange, announced on Wednesday that it will delist BakeryToken (BAKE), Hifi Finance (HIFI), and Self Chain (SLF). This decision immediately caused a sharp decline in the prices of all three altcoins.

Trading for these tokens and their related pairs will officially cease on September 17 at 03:00 UTC. All trading orders and trading bot services for these assets will be automatically removed at that time.

Binance advises users to take action:

  • Trading Bots: Users should cancel or update any trading bots for BAKE, HIFI, or SLF before the September 17 deadline to prevent potential losses.
  • Deposits/Withdrawals: Deposits of the tokens will not be accepted after September 18, and all withdrawals must be completed by November 18.
  • Spot Copy Trading: Any outstanding assets in Binance Spot Copy Trading portfolios will be force-sold at market price on September 10, so users should update their portfolios before then.

Binance stated that these delistings are the result of regular reviews to ensure all listed tokens meet its standards, which consider factors like team commitment, trading volume, and liquidity. Past delisting announcements have had similar effects, with some tokens losing over 40% of their value.

September 2025, Cryptoniteuae

📧 The Gulf reads Cryptonite first
Get MENA regulation moves, RWA deals and AI-money trends in one weekly brief — plus instant alerts when the MENA Regulation Tracker changes. Free, no spam.
Was this briefing useful?Thanks for the feedback!
Vaibhavv Ali
Vaibhavv Ali

Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.

More articles by Vaibhavv Ali →
About  ·  Contact  ·  Privacy Policy  ·  Editorial Policy  ·  Advertise  ·  Newsletter
Follow: X  ·  LinkedIn  ·  Instagram  ·  Binance Square  ·  CoinMarketCap  ·  Gate