Crypto exchange Binance announced on December 3 that it will delist all spot trading pairs for StaFi (FIS), REI Network (REI) and Voxies (VOXEL), with trading ceasing on December 17, 2025 at 03:00 UTC.
Why the Delisting — Binance’s Review Criteria
Binance said the decision comes from a regular review process aimed at ensuring that listed assets meet high standards for user protection and market quality. The factors considered in such reviews include: team commitment, project development activity, liquidity and trading volume, network security, transparency, regulatory considerations, token supply changes, and community sentiment.
When a token fails to meet these standards — or if the broader project circumstances change — Binance may choose to remove its spot trading pairs.
What Happens to Users & Their Holdings
According to the announcement:
- All open orders for the affected spot pairs will be canceled automatically when trading stops.
- Features tied to these tokens — such as Trading Bots, Spot Copy Trading, Simple Earn, Dual Investment, Margin, and Loan services — will be phased out in alignment with the delisting timeline.
- Users can still hold their tokens in their Binance accounts. However, deposits will be disabled after December 18, 2025 03:00 UTC. Withdrawals will remain possible until February 16, 2026 03:00 UTC. After that date, Binance may convert the tokens into stablecoins — where feasible — or allow network-based withdrawals.
Binance emphasized that its priority is to maintain a healthy, transparent, and sustainable trading environment, and that delisting decisions are part of adapting to evolving market conditions.
Industry Context: Delisting as Standard Exchange Practice
Binance and other major exchanges periodically reevaluate their listed tokens. Those that show declining liquidity, poor development activity, weak security, or low community engagement often face delisting.
Crypto-industry watchers say such delistings — while inconvenient for token holders — can reduce systemic risk triggered by thinly traded or potentially abandoned projects.
What Holders Should Do Now
- Cancel open orders or trading bots involving FIS, REI, or VOXEL before December 17.
- Consider withdrawing or transferring tokens to a personal wallet — especially if you might forget before the withdrawal deadline.
- Monitor for announcements from Binance about any automatic conversions or final withdrawal windows.
- Be cautious of price volatility — delisting often leads to sharp declines in value as liquidity dries up.
What to Watch Next
- Whether delisting leads to a significant price drop or trading migration for FIS, REI, and VOXEL.
- How the projects behind those tokens respond — some may try to relist elsewhere or improve fundamentals to meet standards.
- Further delistings by Binance — as the exchange continues periodic reviews, more low-liquidity or inactive projects may be at risk.
Bottom line: Binance’s decision to delist FIS, REI and VOXEL spot trading pairs by December 17 is a reminder that exchange listings are not permanent — ongoing project health, liquidity and compliance ultimately determine a token’s fate. Holders should act promptly to manage their positions, especially given the forthcoming cessation of trading, withdrawal and support services.
