- Bitfinex closed deposits and trading for ten tokens on July 16, 2025, following review of listing qualifications.
- Users have until September 18, 2025, to withdraw affected tokens before recovery fees apply.
- MATIC holders can convert to POL tokens at 1:1 ratio through platform converter.
- BEST delisting follows Bitpanda’s announcement of token merge with PAN into Vision (VSN).
- SAND perpetual contracts remain available despite spot market closure.
Cryptocurrency exchange Bitfinex announced the delisting of ten digital assets effective July 16, 2025, citing ongoing monitoring of listed projects and review of qualification standards.
The decision affects Aleph Zero (AZERO), Bitpanda Ecosystem (BEST), Concordium (CCD), Ethereum POW (ETHW), Maneki (MANEKI), Polygon (MATIC ERC-20), Decentraland (MANA), Partisia (MPC), OMG Network (OMG), and The Sandbox (SAND).
Trading Suspension Details
According to the exchange’s official announcement, deposits and trading for all ten tokens ceased at 10:00 AM UTC on July 16, 2025. The platform also suspended margin trading on ETHW/USD, ETHW/USDt, MATIC/USD, and MATIC/USDt pairs simultaneously.
“This decision has been made as a result of our continued monitoring of all listed projects and a review of their listing qualifications,” the exchange stated in its customer notification.
Withdrawal Deadline and Recovery Policy
Token holders must withdraw their assets before 10:00 AM UTC on September 18, 2025. After this deadline, users seeking to recover delisted tokens will face Bitfinex’s Delisted Token Recovery Policy, which may include recovery fees and limits attempts to two months following withdrawal closure.
The exchange emphasized immediate action, stating customers should “withdraw these tokens as soon as possible” to avoid potential complications.
MATIC Conversion Options
Polygon (MATIC) holders receive special accommodation through the platform’s currency converter. Users can convert MATIC tokens to POL (Polygon Ecosystem Token ERC-20) or POLM (Polygon Ecosystem Token on Polygon) until the September 18 deadline.
Bitfinex plans automatic conversion of remaining MATIC balances to POL tokens at a 1:1 ratio after the deadline, following specifications from Polygon. The POL/USD and POL/USDt trading pairs will continue operating post-delisting.
Bitfinex Pay Service Changes
Bitfinex Pay discontinued MATIC payment support on July 16, 2025, while maintaining support for Polygon Ecosystem Token (Ethereum) and Polygon Ecosystem Token (Polygon) payments. The payment service will transfer to Estable.io on September 15, 2025.
BEST Token Merge
The BEST delisting aligns with Bitpanda’s announced merger of BEST and PAN tokens into Vision (VSN). Bitfinex customers wanting to participate in the migration must withdraw BEST tokens to external wallets before the September deadline.
The exchange warned against direct migration from Bitfinex wallets, stating “funds may be lost” due to platform incompatibility. Bitfinex does not support the PAN token.
Perpetual Contract Exception
Despite spot market closure, the SAND-PERP (SANDF0:USTF0) perpetual contract will remain available for trading on Bitfinex, providing continued exposure to The Sandbox ecosystem for derivatives traders.
The delistings reflect broader industry trends toward regulatory compliance and project sustainability assessment across major cryptocurrency exchanges.
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