Binance will delist spot trading pairs for ICON (ICX), Secret (SCRT) and Storj (STORJ) on September 3 as part of its regular review of listed digital assets. The move will remove spot trading access for all three tokens from Binance, although the exchange did not frame the decision as evidence of a broader issue affecting the projects themselves.
The delisting was confirmed in an official Binance Square announcement, which placed the decision within the exchange’s established asset-review process. Binance did not indicate that trading on other platforms would be affected, making the immediate impact specific to liquidity and access on its own marketplace.
Binance Removes Three Spot Markets
For holders and active traders, the operational change is straightforward: the affected spot markets will no longer be available once the delisting takes effect. Users relying on Binance for ICX, SCRT or STORJ trading will need to account for the loss of that venue, particularly if it represents a meaningful source of liquidity for their positions.
Large exchanges periodically review listed assets using internal criteria and can remove support when tokens no longer meet those standards. The Binance notice treats the latest removals as part of that routine oversight process, rather than linking them to a newly disclosed security incident, regulatory action or technical failure.
That distinction matters because an exchange delisting does not automatically alter the underlying blockchain or token. ICX, SCRT and STORJ can continue trading on other venues that choose to support them, subject to liquidity and availability outside Binance.
Liquidity Impact Will Depend on Other Venues
Delistings from major exchanges can still influence market structure by reducing the number of accessible trading routes. Binance is one of the industry’s largest venues, so losing its spot market can reduce visibility and concentrate liquidity elsewhere, particularly for assets with less diversified exchange coverage.
The magnitude of that effect cannot be determined from the announcement alone. Binance provided no forecast for price, volume or liquidity after the delisting, and any broader market reaction will depend on how traders redistribute activity across remaining exchanges.
The development is primarily an access change rather than a fundamental update for the three projects. The key question after September 3 will be whether liquidity remains sufficiently distributed elsewhere to absorb trading activity that previously took place on Binance.