- Bitfinex has delisted 10 tokens including Polygon (MATIC), Decentraland (MANA), and The Sandbox (SAND) following a review of listing qualifications.
- Users must withdraw all delisted tokens before 10:00 AM UTC on September 18, 2025, or face recovery fees under the exchange’s delisted token policy.
- MATIC holders can convert to POL or POLM tokens through Bitfinex’s currency converter until the withdrawal deadline.
- The BEST token delisting follows Bitpanda’s announcement to merge BEST and PAN tokens into Vision (VSN).
- The Sandbox perpetual contract (SAND-PERP) will continue trading despite the spot market closure.
Cryptocurrency exchange Bitfinex announced the delisting of 10 digital tokens, giving users until September 18, 2025, to withdraw their holdings before the platform permanently closes access to these assets. The decision affects tokens including Aleph Zero (AZERO), Bitpanda Ecosystem (BEST), Polygon (MATIC), and The Sandbox (SAND).
According to Bitfinex’s official notice, the delisting decision resulted from the exchange’s ongoing monitoring of listed projects and a comprehensive review of their listing qualifications.
The affected tokens are AZERO, BEST, Concordium (CCD), Ethereum POW (ETHW), Maneki (MANEKI), MATIC, Decentraland (MANA), Partisia (MPC), OMG Network (OMG), and SAND.
Trading and Deposit Restrictions
Bitfinex ceased deposits and trading for all 10 tokens on July 16, 2025. The exchange also closed margin trading on ETHW/USD, ETHW/USDt, MATIC/USD, and MATIC/USDt pairs on the same date, along with funding options for ETHW and MATIC tokens.
Users who fail to withdraw their tokens before the September 18 deadline will face Bitfinex’s Delisted Token Recovery Policy. This policy includes potential recovery fees and limits token recovery attempts to two months following the withdrawal closure.
MATIC Conversion Options
MATIC token holders receive special consideration through Bitfinex’s currency conversion feature. Users can convert their MATIC holdings to POL (Polygon Ecosystem Token ERC-20) or POLM (Polygon Ecosystem Token on Polygon) through the platform’s wallet page until the withdrawal deadline.
After September 18, Bitfinex plans to automatically convert remaining MATIC balances to POL tokens at a 1:1 ratio, following the conversion rate specified by Polygon. The exchange will maintain trading pairs for POL against US Dollars (POL/USD) and Tether tokens (POL/USDt).
Bitfinex Pay Integration Changes
The exchange discontinued MATIC support in Bitfinex Pay on July 16, 2025, at 10:00 AM UTC. However, payments using Polygon Ecosystem Token variants remain available. Bitfinex Pay itself faces decommissioning on September 15, 2025, as the service transitions to Estable.io.
BEST Token Migration
The BEST token delisting aligns with Bitpanda’s announcement regarding the merger of BEST and PAN tokens into Vision (VSN). Bitfinex advises customers to withdraw BEST tokens to external wallets before attempting migration, warning that direct migration from Bitfinex wallets may result in fund loss.
Continuing Services
Despite the spot market closure, Bitfinex will maintain the SAND-PERP (SANDF0:USTF0) perpetual contract for continued trading. This allows users to maintain exposure to The Sandbox ecosystem through derivatives trading.
The delisting affects multiple blockchain ecosystems, from gaming tokens like SAND and MANA to infrastructure projects like MATIC and AZERO. The exchange emphasized the importance of immediate action, recommending users withdraw tokens as soon as possible to avoid complications.
Source: Bitfinex official customer notice
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