Binance to Delist 22 Cryptocurrencies in Brazil as New Trading Restrictions Loom

• Binance will delist 22 cryptocurrencies for Brazilian customers, restricting trading access while allowing users to retain and withdraw existing holdings.

  
  

• Eight Binance services face restrictions, including margin trading and lending, while Brazilian customers will migrate to local corporate entities.

  
  

• Binance will require additional verification for international cryptocurrency transfers, including transaction purposes and counterparty information, potentially delaying incoming payments.

  
  

   

  
  

Binance will delist 22 cryptocurrencies for Brazilian customers on October 27, alongside restrictions affecting eight additional services. According to the exchange’s announcement, the changes will affect trading access, financial products, and customer account operations exclusively in Brazil, leaving customers elsewhere unaffected.

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Binance Confirms 22 Token Delistings for Brazilian Customers

The affected cryptocurrencies include Verge (XVG), Ethena USDe (USDE), TerraClassicUSD (USTC), Decred (DCR), and Dusk (DUSK). Other tokens facing removal include PIVX, MANTRA, Harmony (ONE), Ravencoin (RVN), Zilliqa (ZIL), and Secret (SCRT).

Binance also listed BB, GMT, TFUEL, ONT, ACX, HIT, PYR, VANRY, VIC, ICX, and STORJ among the affected assets. Brazilian customers can trade these cryptocurrencies until October 27, when the exchange will terminate their trading availability.

Significantly, existing balances will remain accessible, allowing customers to withdraw affected tokens or manage their holdings through permitted services. The decision does not constitute a global delisting, as Binance will maintain trading access for customers outside Brazil.

Eight Binance Services Face Restrictions Under New Operational Changes

Beyond cryptocurrency trading, Binance will restrict eight products, including Binance Loans, Binance Pool, Cloud Mining, and margin trading. Other affected services include Launchpool, Megadrop, HODLer Airdrops, and Alpha 2.0, with restrictions beginning October 27.

Customers cannot open new positions through these services, while existing loans will move into repayment-only status. This arrangement allows borrowers to settle outstanding obligations without accessing additional lending facilities through the restricted products. Additionally, Binance will migrate Brazilian customers to local entities within its corporate group beginning October 29.

Binance Introduces Stricter International Transfer Requirements

Binance will introduce additional verification requirements for international cryptocurrency transfers involving Brazilian customers starting November 1. Users must disclose transaction purposes and identify counterparties before completing international cryptocurrency withdrawals.

Incoming transfers may also face delays until recipients provide the necessary verification information. These measures accompany Binance’s broader operational changes affecting trading services, customer accounts, and cryptocurrency transfers across the Brazilian market.