Binance Removes VIDT/BTC Pair, Triggering Price Drop of Over 40%

Binance cryptocurrency exchange has taken the controversial step of delisting the VIDT/BTC trading pair, leading to a significant price decline for VIDT. The decision, effective April 15, 2025 at 08:30 UTC, was announced by Binance earlier than initially planned and aimed to address concerns regarding liquidity and user safety. Binance cited the asset’s poor trading activity and low liquidity as key factors in their decision. The exchange emphasized its commitment to offering a high-quality trading experience for users. 24 hours after the announcement, VIDT’s price dropped by nearly 40% from around $0.003024 to $0.001838. Despite this initial decline, the price has since rebounded somewhat. 16% of its value has surged to $0.002246, though trading volume decreased by 67%, reaching just $4.45 million, and market capitalization increased by 11% as per CoinMarketCap data. Binance’s decision to expedite the delisting has left many traders caught off guard after they were notified of the move with no prior warning. The exchange aimed to prevent potential risks for users but did not hesitate to proceed earlier than initially planned.