Binance has announced that it will remove four altcoins from spot trading as part of its periodic review process. Spot trading for Contentos (COS), Dar Open Network (D), Highstreet (HIGH), and MOBOX (MBOX) will end on June 19, 2026, at 06:00 Turkey time.
The announcement quickly echoed across the market. Following the exchange’s statement, all four tokens saw sharp declines: HIGH fell by 11.52 percent, D by 7.01 percent, COS by 9.04 percent, and MBOX by 2.02 percent.
Why is Binance delisting them?
The exchange said that, as with every listing decision, it considered certain criteria in this delisting process. The main factors evaluated include the project’s development activity, trading volume and liquidity, network security, quality of communication with the community, and responses to the exchange’s periodic due diligence requests. Ethical violations, regulatory changes, and major changes in token supply structure were also included in the assessment.
Based on this review, Binance decided that the four tokens in question no longer met its standards.
Timeline: Which services will close and when?
The delisting process will not take place on a single date. Instead, it will move forward through a phased schedule. The process starts much earlier, especially for users with futures and margin positions.
On the margin side, borrowing will stop on June 6 at 09:00 Turkey time. Futures positions will be automatically closed and settled on June 11 at 12:00 Turkey time; from that date onward, opening new positions will no longer be possible. On the same day, loan positions, including VIP Loan and Flexible Loan, as well as cross and isolated margin trading, will be closed.
The removal from Spot Copy Trading will take place on June 12. After that date, open assets will either be sold at market price or transferred to the Spot Account. Simple Earn products will also be automatically returned to users’ Spot Accounts on June 12.
Convert and Low-Value Assets conversion services will close on June 18-19. Spot trading will completely stop on June 19 at 09:00 Turkey time. Deposits will remain valid until June 20. Withdrawals will stay open until August 19, 2026; after that date, token balances may be converted into stablecoins, but this process is not guaranteed.
What should investors do?
Binance strongly urged users with positions to close their open positions before automatic settlement. There is little room to wait, especially for positions in margin and futures accounts; automatic liquidation processes carry additional risks in terms of both timing and price.
For users holding spot balances, the situation is less urgent. Although the withdrawal window will remain open until August 19, users need to turn off the “Hide Small Balances” option; otherwise, the balances of the delisted tokens may not appear in their accounts.
