South Korean exchange Bithumb has announced the delisting of the BOA token: trading across all pairs will end at 6:00 UTC on January 30, 2026. This decision follows an internal review and comes with a requirement for users to withdraw their tokens within the exchange’s specified timeframe. Bithumb cites two main reasons for removing the asset from its listing and warns of potential difficulties in recovering funds after the deadline.
Reasons and Timeline for BOA Delisting on Bithumb
Bithumb officially explained the decision based on two factors: the materials provided by the BOA project fund were insufficient to resolve previously identified issues, and the token’s trading activity and market adoption did not meet the exchange’s internal criteria. Prior to delisting, BOA held an "investment warning" status, signaling project concerns and triggering a review period. Trading will stop precisely at the stated time, after which users will have a limited window to withdraw funds — failure to comply may lead to complex token recovery procedures.
What Is the "Investment Warning" Status?
The "investment warning" on the exchange is an internal marker indicating elevated risks associated with an asset and initiates additional listing scrutiny. Such warnings are typically applied when there are communication issues with the project, regulatory challenges, or serious technical vulnerabilities, giving the project team time to address the situation. In BOA’s case, the fund’s response was insufficient, leading to escalation from warning to delisting.
Impact of Delisting on BOA Holders
Immediately after the announcement, users should pause any open orders and plan their token operations: either withdraw to a personal wallet or sell before trading ends. After removal, BOA will remain only in private wallets or on platforms that continue to support the token, while trading access on Bithumb will be closed. The exchange warns that failing to withdraw before the deadline will complicate asset recovery.
Regulatory Context in South Korea
Bithumb’s actions occur amid strict regulations in South Korea: the Financial Services Commission (FSC) requires strict adherence to anti-money laundering (AML) and know-your-customer (KYC) procedures. Under such pressure, exchanges must more closely monitor project compliance with their criteria and periodically delist assets that do not meet these standards. These reviews and removals of problematic tokens are routine practices among major Korean platforms.
Why This Matters
If you mine and hold BOA tokens on Bithumb, the delisting directly affects your ownership: trading will stop at the set time, and later access to funds may require additional steps. Typically, mining equipment operation is unaffected, but holders receiving mining payouts in BOA should verify where their earnings are stored and whether payouts are delayed on the exchange. Also, keep in mind regulatory demands on exchanges that may accelerate similar decisions in the future.
What to Do?
- Check your BOA balance and open orders on Bithumb and cancel any unnecessary requests.
- Decide whether to withdraw BOA to a personal wallet or sell on the exchange before 6:00 UTC on January 30, 2026.
- If withdrawing, set up a compatible wallet in advance and verify addresses to avoid transfer errors.
- Monitor official Bithumb announcements for subsequent withdrawal deadlines and possible recovery instructions.
- If you receive payouts in BOA, consult your payout service for alternative options or procedures to convert to another asset.
For practical guidance on delisting procedures, refer to instructions from similar cases, such as the APM Coin removal on Bithumb, which outlines timelines and withdrawal steps. It’s also helpful to review other token removal examples on exchanges, like the token delisting on Binance, to understand typical process stages.
FAQ
What should I do if I have BOA on Bithumb? You need to sell or withdraw BOA before 6:00 UTC on January 30, 2026. After that, trading will stop, and withdrawal will only be possible until a later deadline announced by the exchange.
Will BOA remain on other exchanges? The delisting applies only to Bithumb; the token may continue trading on platforms that support BOA, depending on their own listing decisions.
What does "investment warning" mean? It is a formal exchange status indicating serious risks with an asset and starts a period during which the project must fix identified issues to avoid removal from the listing.
How often do delistings occur? Delistings are routine for exchanges: amid tightening regulations and raised standards, platforms regularly review supported assets and remove those that do not meet requirements.
Does delisting mean the BOA project has failed? Not necessarily. Delisting from one major exchange is a significant setback, but the project’s fate depends on its development, community support, and presence on other platforms, not solely on listing at one exchange.