Binance Plans to Delist Three Tokens and Halt Transactions Across 14 Networks

By: tronweekly|2025/05/07 20:15:02
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Binance will delist three trading pairs on May 9, 2025, due to low trading activity and poor liquidity.Deposits and withdrawals on 14 blockchain networks, including Ethereum and Polygon, are going to be temporarily suspended to support Ethereum’s network upgrade.Binance plans to delist three altcoins from its platform, which implies ceasing its operation within the platform.Binance, which is one of the world’s top leading cryptocurrency exchanges, has announced its plans to delist three of its digital assets and also suspend the withdrawal services across fourteen other blockchain networks.Recently, Binance announced its plans to remove weak trading pairs and pause deposits and withdrawals on many networks. So, this present move shows the platform’s ongoing efforts to maintain compliance, security, and overall user experience. The decision has stirred reactions across the crypto community, as affected users question the implications of limited access and reduced liquidity.Binance Delist Impact on Users and Ethereum Planned UpgradeOn the 9th of May, 2025, Binance will remove three spot pairs—ANIME/BNB, STRK/BTC, and THE/BTC—at 03:00 UTC because of their consistent low activity and weak liquidity. This action is meant to improve trading quality and protect users.The platform has announced that users holding these pairs should close all their trades or change their positions before the removal. Also, on May 7, 2025, which is today, at 09:45 UTC, Binance will stop deposits and withdrawals on several chains to support Ethereum’s planned upgrade at 10:05 UTC. Some of the affected blockchain networks are Ethereum, Arbitrum, Optimism, zkSync Era, Base, Manta Network, Starknet, Polygon, Metis, Scroll, Cyber, Metal DAO, Celo, and Worldcoin. Their services will restart once the Ethereum upgrade is done and everything is stable. These steps would ensure Binance keeps its platform safe and steady during major changes.More Reading: Which Crypto Casino is the Best? Listed 5 Most Trusted BTC Casinos 2025 with No KYC

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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