Binance to Delist 22 Cryptocurrencies in Brazil as Trading Restrictions Begin October 27
Binance will remove trading access to 22 cryptocurrencies for customers in Brazil on October 27, while restricting eight additional products and introducing new requirements for international crypto transfers. The exchange said the measures apply specifically to the Brazilian market and will not affect trading access for customers in other countries.
The changes cover token trading, lending and other financial services, customer account arrangements, and cross-border cryptocurrency transfers. According to the exchange’s announcement, Binance has also outlined separate timelines for migrating Brazilian customers to local entities within its corporate group and implementing additional transfer verification procedures.
Binance Names 22 Cryptocurrencies for Delisting in Brazil
The cryptocurrencies scheduled for removal include Verge (XVG), Ethena USDe (USDE), TerraClassicUSD (USTC), Decred (DCR), Dusk (DUSK), PIVX, MANTRA, Harmony (ONE), Ravencoin (RVN), Zilliqa (ZIL), and Secret (SCRT).
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| Source: WuBlokchain |
Other affected assets are BB, GMT, TFUEL, ONT, ACX, HIT, PYR, VANRY, VIC, ICX, and STORJ. Brazilian customers can continue trading the listed cryptocurrencies until October 27, when their trading availability on Binance will end.
The delisting does not mean that all affected tokens will be removed from Binance globally. The exchange's announcement specifies that the trading changes apply to customers in Brazil, while users in other markets will not be affected by this particular decision.
Existing balances will remain accessible, allowing Brazilian customers to withdraw affected tokens or manage their holdings through services that remain available. The announcement does not state that customers must automatically liquidate their holdings before the trading cutoff.
Eight Binance Products to Face New Restrictions
Alongside the token delistings, Binance will restrict eight products for Brazilian customers beginning October 27. The affected services are Binance Loans, Binance Pool, Cloud Mining, margin trading, Launchpool, Megadrop, HODLer Airdrops, and Alpha 2.0.
Under the changes, customers will no longer be able to open new positions through the restricted services. Existing loans will move to repayment-only status, enabling borrowers to settle outstanding balances without taking out additional loans through the affected facilities.
Binance also plans to begin migrating Brazilian customers to local entities within its corporate group on October 29. This transition follows the changes to trading access and selected financial products, although the announcement provided in the source material does not detail the full migration process.
International Crypto Transfers to Require Additional Verification
A further set of changes will take effect on November 1, when Binance introduces additional verification requirements for international cryptocurrency transfers involving Brazilian customers.
Users will be required to disclose the purpose of a transaction and identify the counterparty before completing an international cryptocurrency withdrawal. Incoming transfers may also be delayed until recipients supply the required verification information.
The measures establish three key dates for Brazilian customers: October 27 for the token delistings and product restrictions, October 29 for the start of migration to local corporate entities, and November 1 for the additional international transfer requirements.
Writer: Marcus RenfieldCrypto Market Analyst & Onchain WriterMarcus Renfield covers cryptocurrency markets with a focus on onchain data, Bitcoin price action, and emerging market narratives. His writing examines how capital flows, network activity, and broader market structure influence short- and medium-term trends.He aims to provide clear, data-informed analysis for readers seeking a deeper understanding of crypto market dynamics.