Binance, the world's largest cryptocurrency exchange by trading volume, announced on September 3, 2025, that it will delist three altcoins: BakeryToken (BAKE), Hifi Finance (HIFI), and Self Chain (SLF). The decision, revealed during the early Asian trading session, prompted an immediate and severe price reaction from the affected tokens.
Trading for all spot pairs of these tokens will cease on September 17, 2025, at 03:00 UTC. Binance will automatically remove all open orders and terminate Trading Bots services for these pairs at that time. The exchange advised users to update or cancel their Trading Bots before service cessation to avoid potential losses.
Deposits of BAKE, HIFI, and SLF will not be credited after September 18, while withdrawals will not be supported after November 18, 2025. For Spot Copy Trading, the tokens will be delisted earlier on September 10 at 03:00 UTC, with any outstanding assets force-sold at market price or moved to Spot Accounts if unsellable.
Following the announcement, BAKE and SLF prices dropped by double digits, while HIFI lost 7%. This reaction mirrors historical patterns where Binance delistings have caused severe price declines, such as in April when some tokens lost over 40% of their value after similar announcements.
Binance explained that periodic reviews ensure listed tokens meet standards for team commitment, trading volume, liquidity, and compliance with industry requirements. "When a coin or token no longer meets these standards or the industry changes, we conduct a more in-depth review and potentially delist it," the exchange stated, emphasizing user protection as a priority.
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