Komodo $KMD will be Delisted on the Binance Exchange on July 4th, 2025 at 03:00 (UTC).
About Komodo
Binance has officially announced that it will delist Komodo (KMD) from all spot trading pairs on July 4,2025, at 03:00.UTC, citing its routine review process, which evaluates ongoing development activity, liquidity, team commitment, transparency, and regulatory compliance criteria the project reportedly no longer sufficiently meets . In response, the KMD token experienced a sharp decline dropping between 25% and 35% shortly after the announcement as investors and liquidity providers began repositioning ahead of the delisting data.
What Is Komodo (KMD)?
Komodo is a special kind of computer money called a Trading Cryptocurrency that was made in 2014. It helps people trade safely and build their own small computer programs (called apps or blockchains).
Here’s what makes it special:
Extra Safe: Komodo uses Bitcoin’s super-strong security to protect its system.
No Middlemen: People can trade coins directly with each other using AtomicDEX, a Komodo app.
Build Your Own Stuff: Developers (people who make apps) can use Komodo to make their own coins or apps.
Privacy Tools: It hides your info if you want to keep your transactions secret.
Rewards & Bonuses: Holding KMD can earn you Crypto Rewards, and some fees are burned (this makes KMD more rare).
Why Some People Like KMD
Very Safe
It borrows Bitcoin’s safety tricks, so it’s hard to hack.
You Stay in Control
You keep your money in your own wallet, not with a company.
You Can Build Cool Stuff
Komodo helps you make your own coins or apps easily.
Private Trades
You can trade without others knowing what you did.
You Might Earn Rewards
Some fees are burned (destroyed), and you may earn more KMD just by holding it.
What’s Happening with Binance?
Binance, a big crypto store (exchange), will stop offering KMD on July 4, 2025. This has made the KMD price go down by around 25–35%.
Bad News
Harder to Buy and Sell: With Binance gone, it’s not as easy to trade KMD.
Less Popular: Some people might forget about KMD or get scared.
Good News
Less Supply: If fewer people can buy KMD easily, it might become more valuable later.
Other Stores May Help: Places like KuCoin or HTX might get more people to use KMD.
Back to Basics: This could help Komodo focus on improving its technology.