Binance Initiates Token Delisting: STORJ, ICX, and SCRT to Be Removed
Leading global cryptocurrency exchange Binance has announced the delisting of three tokens following its periodic project review. Trading for ICON (ICX), Secret (SCRT), and Storj (STORJ) will cease permanently on September 3, 2026, at 11:00 AM UTC+8. This move is part of the platform's routine process to evaluate the performance and compliance of listed assets.
Delisting Timeline and Specifics
All trading pairs for ICX, SCRT, and STORJ will be discontinued at the specified time. Users are advised to complete any necessary trades or withdrawals before the deadline. Typically, withdrawals of these tokens may remain available for a period after trading stops, but users should refer to Binance's follow-up guides for precise instructions.
Understanding Exchange Periodic Reviews
Major exchanges conduct regular assessments of listed tokens to ensure ecosystem health and user protection. Common evaluation criteria include:
- Project Development and Commitment: Team execution and roadmap progress.
- Network and Smart Contract Stability: Mainnet security and absence of critical failures.
- Trading Liquidity and Market Activity: Sufficient trading volume and user interest.
- Regulatory Responsiveness and Compliance Diligence: Adapting to the evolving global regulatory landscape.
The decision to delist these three tokens resulted from such a comprehensive review. For investors, monitoring these announcements is a key aspect of portfolio risk management.
Recommended Actions for Token Holders
If you currently hold ICX, SCRT, or STORJ, consider the following steps:
- Pay close attention to further operational details released through Binance's official channels.
- Before the trading halt on September 3, 2026, decide whether to sell, hold, or transfer your assets to a supporting wallet based on your investment strategy.
- Note that delisting does not typically affect the token's existence or functionality on its native blockchain; users retain control of their assets.
Market reactions to specific delistings can vary, potentially increasing short-term price volatility. In the long run, such events encourage investors to scrutinize the fundamentals and long-term value of their holdings more deeply.