Binance Users Vote on Token Delistings, FTT Tops List

• Binance held a user vote on tokens to potentially delist.
• Top tokens include $FTT, $ZEC, $JASMY, $GPS, and $PDA.
• Final delisting decisions will not rely solely on votes.

Binance Community Weighs In on Token Delistings

Binance, the world’s largest crypto exchange by volume, recently conducted a community vote allowing users to weigh in on potential token delistings. To participate, users needed to have at least 0.01 BNB in their account. While the vote doesn’t guarantee any specific outcomes, it gives Binance key insights into community sentiment.

According to the final results, the most voted tokens for possible delisting include $FTT, $ZEC (Zcash), $JASMY, $GPS, and $PDA. These tokens led the list, raising questions about their performance, utility, and community support.

$FTT Tops the Delisting Watchlist

The top spot went to FTT, the native token of the now-defunct FTX exchange. Despite its dramatic collapse, FTT has continued to trade on several platforms, including Binance. However, community trust in the token remains low, which may explain why it received the highest number of votes.

Other tokens like ZEC (a privacy-focused coin) and JASMY (an IoT-focused project) have seen declining interest and price action in recent months, making them common targets in delisting discussions.

Binance: Votes Aren’t the Only Factor

While the vote provides valuable feedback, Binance emphasized that community voting will not be the sole determinant in any final delisting decisions. The exchange also considers project activity, development progress, trading volume, compliance, and user protection standards before making such moves.

Binance’s initiative reflects a shift toward greater community engagement in platform governance. However, until any official announcements are made, these tokens remain tradable.

Traders holding these assets should stay alert to any updates from Binance, as a delisting can significantly impact liquidity and access.