Strategic Realignment Behind BitMart Delistings

On April 11, 2025, BitMart Exchange quietly announced it would delist the X token. While the move may seem minor, it signals a deeper shift in how centralized exchanges manage digital asset listings.

BitMart Exchange is planning to delist the X token on April 11, 2025, the exchange announced.

The move, which will see the X token no longer available for trading on BitMart as of April 11, 2025, is part of the exchange's "ongoing effort to optimize its digital asset listing policy."

X token withdrawal services will remain accessible to users until June 11, 2025, the exchange specifies. After this period, any remaining X tokens will no longer be supported.

"This decision has been made in accordance with BitMart's internal compliance frameworks and its commitment to providing a diverse yet high-quality trading environment for users," the exchange stated in an email to users on Monday.

"As digital markets evolve, so too must exchanges adapt to ensure optimal service and user experience. In light of this, BitMart has been evaluating its digital asset listings to minimize risk exposure and maximize the quality of trading opportunities available."

Highlighting the importance of several factors in its decision-making process, BitMart went on to note that it considers "the results of regular security audits, evidence of ongoing development activity, and the legal and regulatory standing of projects" when making listing choices.

"This, in turn, enables users to make more informed and confident investment decisions within a secure and compliant ecosystem," the exchange added.

The move comes as exchanges are increasingly removing tokens that fail to meet certain criteria. In Q1 2025 alone, major platforms delisted over 120 digital assets, according to market data.

Tokens were mostly delisted due to low trading volumes or a lack of user activity, according to reports. Platforms also appear to be showing preference for tokens that have completed or are planning to complete a security audit.

This story originally appeared on TokenPost | Top Crypto News, Prices, Analysis, Web3 Summary, Fresh Content

News data source: kdj.com

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