Bithumb Announces Delisting of Two Altcoins: Here Are the Cryptocurrencies Affected

Security concerns were central to the assessment of MANTRA. Bithumb examined the measures implemented following security incidents involving the distributed ledger infrastructure on which the cryptocurrency is issued, transferred, or stored. After conducting a comprehensive review of the responses, including compensation for losses, the exchange concluded that the project no longer met the criteria required to maintain trading support.

A different explanation was provided for RECALL. The exchange stated that the project team's responses to previously identified risks were insufficient to address existing concerns. Following an examination of the project's current operational status, the token's use cases, and its core functionality, Bithumb determined that the cryptocurrency no longer satisfied its listing requirements.

RECALL had already been designated as an investment caution asset by Bithumb on October 31, 2026, after the project team announced plans to cease operations. In its previous announcement, the exchange explained that the potential implications of this development for the project's long-term sustainability required further examination.

MANTRA and RECALL Trading Will End on December 14

According to the schedule published by Bithumb, trading for MANTRA and RECALL will end on Monday, December 14, 2026, at 9:00 a.m. Turkey time (TRT). Once trading support is discontinued, transactions conducted through the exchange's API will also be suspended. Any outstanding buy and sell orders that remain unfilled at that time will be automatically canceled.

The exchange will continue offering withdrawal services for a limited period to allow users to transfer their existing holdings. Withdrawal support will end on Wednesday, January 13, 2027, at 9:00 a.m. Turkey time (TRT). Bithumb also noted that the announced schedule may change depending on operational circumstances.

Users planning to transfer their assets to personal wallets or other cryptocurrency service providers must complete the necessary withdrawal address registration procedures in advance. The exchange warned that address verification processes may take time.

Once withdrawal support ends, assistance with technical operations such as network upgrades, mainnet migrations, airdrops, and token swaps may also be discontinued. Under such circumstances, users could face additional difficulties transferring assets that remain on the platform.

What Does the Delisting Mean for Both Altcoins?

The removal of MANTRA and RECALL from Bithumb does not mean that these cryptocurrencies will stop trading on every exchange. However, the closure of an important trading channel in the South Korean market could limit access to these assets, particularly for local investors.

Delisting decisions can increase the risk of price volatility as investors reassess their positions. A shift in trading volume toward other platforms may also affect price differences between exchanges and overall liquidity conditions.

For MANTRA, a particularly significant aspect of Bithumb's decision is that the exchange considered the remediation measures implemented following security incidents insufficient. In RECALL's case, uncertainties surrounding the project's ability to continue operating directly affect the assessment of the token's long-term utility.

Bithumb's decision does not indicate that other exchanges will necessarily delist the same two cryptocurrencies. Each platform follows its own listing standards and risk assessment procedures.

Kriptofoni Assessment

Bithumb's decision to delist MANTRA and RECALL demonstrates that technical infrastructure and market capitalization alone are not sufficient to ensure a cryptocurrency's continued availability on exchanges. Responses to security incidents, transparency in project management, and sustainable token use cases can also play a decisive role.

The RECALL case, in particular, highlights the uncertainties token holders may face when a project considers terminating its operations. MANTRA, meanwhile, illustrates how important responses to security issues can be in shaping an exchange's assessment of a project's reliability.

For investors, the most important consideration is not merely the short-term price impact of a delisting announcement, but also the time available to manage their holdings safely and the conditions governing asset transfers. Although the termination of trading support does not automatically render a token worthless, it can increase liquidity and accessibility risks.