Binance to Delist QI/BTC, TLM/BTC, and VITE/BTC Trading Pairs
Binance will delist trading pairs for three tokens: QI/BTC, TLM/BTC, and VITE/BTC, effective February 6, 2025, at 03:00 UTC. The decision aims to protect users and maintain a high-standard trading market.
Reasons for delisting include:
- Poor liquidity
- Low trading volume
Users can still trade individual assets (QI, TLM, VITE, and BTC) on other available pairs. Binance advised users to update or cancel their trading bots prior to the delisting.
Market Reactions
Market response may lead to:
- Loss of trust in affected tokens
- Potential price drops due to increased selling activity
- Reduced visibility of tokens among traders on Binance
- Perception of poor performance affecting investor interest
Current token performance includes:
- QI: Price down over 37% in 24 hours with a 5% increase recently
- TLM: Price up more than 3% but trading volume down over 46%
- VITE: Price up by 1% with trading volume down more than 50%
The decline in trading volume is linked to the upcoming delisting, though long-term effects remain uncertain.