App Will End Support for Three Tokens

The phrase app will end support three tokens recently gained significant traction following an official announcement by the Canadian cryptocurrency platform Newton. Starting in September 2025, the platform will terminate services for three specific digital assets: Bancor (BNT), Band Protocol (BAND), and Chromia (CHR). This move reflects a broader industry trend where service providers re-evaluate asset listings based on third-party provider changes and internal compliance standards. For users affected by these changes, understanding the mandatory deadlines for withdrawals and the risks of automatic liquidation is critical to preserving capital.

Overview of the Newton Platform Token Sunsetting

Newton has formally scheduled the removal of three prominent tokens from its trading environment. This discontinuation is not merely a trading halt but a full sunsetting process that includes the cessation of deposits, active trading, and eventually, the mandatory liquidation of remaining balances. According to the platform, the decision follows a routine review of asset quality and shifts in support from their primary liquidity and custody providers. As of late 2025, users holding these assets must act before the mid-September deadlines to avoid automated market-rate conversions into fiat currency (CAD).

Affected Assets: BNT, BAND, and CHR

The three tokens impacted by this specific service termination serve distinct roles within the decentralized finance (DeFi) and blockchain infrastructure sectors. Understanding their utility is essential for users deciding whether to move them to a long-term wallet or a robust global exchange like Bitget.

Bancor (BNT)

Bancor is the native token of the Bancor protocol, one of the earliest decentralized liquidity mechanisms. It allows for automated price discovery and liquidity for tokens without requiring a traditional counterparty. However, shifting regulatory landscapes and liquidity requirements have led some regional apps to end support for BNT.

Band Protocol (BAND)

BAND serves as the native asset for the Band Protocol, a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. While it remains a competitor in the oracle space, its availability on smaller platforms is often subject to the provider's technical overhead.

Chromia (CHR)

Chromia is a relational blockchain platform designed to make it easy for people to build decentralized apps in the real world. CHR is used as the utility token within this ecosystem. Despite its technological merits, it is one of the three assets currently facing delisting on the Newton app.

Timeline of Service Termination (September 2025)

To ensure a smooth transition, the delisting process is divided into three distinct phases. Failure to adhere to these dates may result in the inability to manage assets manually.

This table illustrates the rapid progression from trading suspension to total liquidation. The one-day gap between the withdrawal deadline and final liquidation emphasizes the urgency for users to secure their private keys or transfer their balances to a platform with broader asset support, such as Bitget, which supports over 1,300+ tokens and maintains a $300M protection fund.

Rationale for Delisting and User Impact

Platforms typically cite "changes in support from third-party service providers" as the primary reason when an app will end support three tokens. This often relates to the cost of maintaining liquidity or shifts in the custodial infrastructure required to hold the assets safely. For the user, the impact is twofold: immediate loss of liquidity within the app and potential tax implications resulting from the automatic sell-off on September 12.

To mitigate these risks, users are encouraged to utilize Bitget Wallet for self-custody or transfer their holdings to the Bitget exchange. Bitget offers highly competitive rates, with spot maker/taker fees at 0.01% and contract trading fees as low as 0.02% for makers. By moving assets before the Phase 2 deadline, users can avoid the slippage often associated with forced platform liquidations.

Comparative Context: Industry Trends

The sunsetting of tokens is not unique to a single platform. The Keystone App recently delisted legacy ERC-20 tokens like Zilliqa and Binance Coin due to mainnet migrations, and BYDFi discontinued various Leveraged ETF tokens. These actions highlight the necessity of using a top-tier exchange with a proven track record of asset variety and security.

Bitget remains a leader in this regard, consistently optimizing its 1,300+ trading pairs while providing a transparent fee structure and a significant $300M risk protection fund to ensure user peace of mind. For those looking for a long-term home for BNT, BAND, or CHR, Bitget provides the liquidity and infrastructure that smaller, regional apps may struggle to maintain.

For users seeking to stay ahead of market shifts, the best strategy is to diversify holdings onto platforms with high liquidity and robust security. Explore more Bitget functions today to ensure your portfolio remains accessible, regardless of regional platform changes.