Bithumb to Delist NOM Token Over Transparency Failures

Edgen Crypto

·Mar 10 2026, 07:15

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Key Takeaways

South Korean crypto exchange Bithumb is delisting the NOM token, citing the project's failure to meet exchange standards for disclosure and transparency. The move is expected to significantly reduce the token's liquidity and trigger a sharp price decline as trading support ends.

Bithumb will terminate NOM trading support on April 13 and end withdrawal services on May 13.
The delisting stems from the NOM project's failure to provide timely disclosures and maintain transparency, breaching exchange rules.
The token faces a severe liquidity crisis and reputational damage, which could lead to further delistings on other platforms.

Bithumb to End NOM Trading Support by April 13

South Korean cryptocurrency exchange Bithumb announced it will terminate trading support for the NOM token, effective April 13. The exchange will subsequently end withdrawal support for the asset one month later, on May 13. This decision forces holders to liquidate their positions on the platform before the deadline or move their assets to an alternative venue, assuming one exists.

Transparency Failures Trigger Severe Liquidity Risk

The delisting was prompted by the NOM project's failure to adhere to Bithumb's standards regarding timely disclosure and operational transparency. Such failures are a significant red flag for investors and exchanges, often indicating poor project management or underlying issues. The immediate consequence for the NOM token is a near-certain collapse in liquidity and accessibility. This action damages the project's reputation, making it difficult to secure listings on other reputable exchanges and increasing the risk of cascading delistings from smaller platforms.