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Exchanges · Listings

Binance Delistings and the Cascade Shutdown: What Users Should Do

Binance has removed ICX, SCRT and STORJ from trading; withdrawals of these coins stay open until 3 November. The Cascade platform announced its wind-down on 13 September. We have put together a guide for both scenarios and a calendar of deadlines.

· 7 min read · Sogdium Editorial
An empty slot in a row of matte token cards on a light background

In brief: if an exchange announces a coin delisting, trading stops on the stated date, but withdrawals of the asset usually stay open for about two more months — in Binance's latest round (ICX, SCRT, STORJ, trading halted on 3 September 2026) the tokens can be withdrawn until 3 November 2026. If an entire platform is closing, as with Cascade, which announced its wind-down on 13 September, you need to act immediately: funds are withdrawn through a dedicated portal, and companies often set no deadline for such a procedure.

Binance delisting: ICX, SCRT and STORJ

On 20 August 2026 Binance announced the termination of trading and delisting of three assets: ICON (ICX), Secret (SCRT) and Storj (STORJ). Trading was halted on 3 September 2026 at 11:00 UTC+8. Deposits stopped being credited on 4 September; withdrawals remain available until 3 November 2026. Futures settlement and removal from margin trading took place at the end of August.

The platform attributes the reasons for each project to the state of the assets themselves: the ICON network shutdown is scheduled for 31 December; the Secret community rejected the proposed migration to Arbitrum after the June bridge incident worth $4.67 million; Storj Labs is going through Chapter 11 bankruptcy proceedings.

This is not a one-off decision. By crypto.ru's count, Binance delisted 21 assets in four rounds in 2026. Recent examples:

  • 17 August — delisting of ACX, HFT, PIVX, PYR, VANRY and VIC, withdrawals open until 17 October.
  • 27 May — delisting of ATA, FARM, MLN, PHB and SYS.
  • 19 June — removal of individual trading pairs: ADX/BTC, AEVO/USDC, DOT/BNB, KAVA/BTC, WBTC/ETH on spot and CVC/USDC, RPL/USDC, RVN/USDC, XAI/USDC in cross margin. The stated reason was a "regular listing review", the aim being to remove low-liquidity instruments.

An important distinction that is often confused: delisting a pair ≠ delisting a token. When a pair is removed, the asset itself continues to trade in other combinations, and open orders are cancelled automatically.

What to do when a coin is delisted: step by step

  1. Check exactly what is being removed — the whole asset or only a pair. This changes the entire plan of action.
  2. Note the three dates from the announcement: the trading halt, the end of deposit crediting, and the withdrawal deadline.
  3. Close derivative positions in advance. Futures settlement and removal from margin usually happen before the spot delisting, and a forced closure will go through at an unfavorable price.
  4. Decide: sell or withdraw. Liquidity falls in the last days before the trading halt and the spread widens — a "last-hour" sale is almost always worse than a planned one.
  5. If withdrawing, check the route in advance: whether the required network is supported, whether the asset trades on another exchange, and whether your wallet supports this token and its network.
  6. Don't wait until the deadline. After the cut-off, withdrawal is possible only through support and via an individual procedure, if one is provided at all.
  7. Double-check the address and the network. A network error when withdrawing a rare token almost always means an irreversible loss.

Platform closure: the Cascade case

On 13 September 2026 the crypto platform Cascade (formerly Perennial), which had operated for five years in crypto, commodity and tokenized asset markets, announced it was ceasing operations. The company stated that it no longer functions and invited clients to collect their remaining funds themselves — CLS balances and trading accounts — through the Equilibria portal with a Privy login.

Tellingly, the project had money: in 2025 Cascade raised $15 million from Polychain Capital, Variant and Coinbase Ventures. It did not help. According to Bits.media, the situation was aggravated by a July attack on the CLS vault: by manipulating prices in low-liquidity markets, attackers drained about 1.3 million USDC. The platform recovered most of the stolen funds and compensated clients based on a balance snapshot as of 15 July, but the problems with the pace of development and communication with clients remained.

What to do if a platform announces it is closing

  • Withdraw immediately, not "when convenient". Claim portals work as long as someone maintains them; a legal entity in liquidation may shut down its infrastructure before you get back to the matter.
  • Withdraw liquid assets first — stablecoins and top-tier coins. A platform's native tokens often lose their meaning outside its ecosystem.
  • Keep evidence: balance screenshots, transaction history, correspondence with support, transaction hashes. You will need it both for tax reporting and for possible claims against the liquidator.
  • Check the domain and links. Closure announcements are a classic pretext for phishing: copies of the withdrawal portal appear within the first day. Take the link only from the platform's official channel.
  • Don't transfer assets "to a new platform from the same team" without verification — scammers collect funds under this pretext.

How to spot problems early

Early signs that a coin will soon be delisted or that a platform is heading toward closure are usually visible weeks in advance:

  • falling trading volume and a widening spread on the pair;
  • exchange warning labels — a monitoring tag, a seed tag, a move to the high-risk zone;
  • stalled development: an empty repository, no releases, a disbanding team;
  • withdrawal disruptions for individual assets "for technical reasons";
  • a change of jurisdiction, a rebranding, or support going silent for more than a few days;
  • a security incident without a clear report and compensation.

Subscribing to the exchange's official Announcements channel is the cheapest way not to miss a deadline: that is where the exact dates are published, not in news aggregators.

Context of the week

September 2026 has been a nervous month for infrastructure: apart from the delistings and Cascade's exit, the market is digesting the fallout from the largest theft of the year — the withdrawal of about 4,000 BTC from the Liquid Network federation on 6 September. The incident is analyzed in Liquid Network hack: 4,000 BTC drained from the sidechain. How to choose a platform with these risks in mind — in the comparison Which crypto exchanges work in Russia in September 2026.

Sources

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