Binance ended trading in Bitcoin SV on April 22, 2019, converting a controversial listing decision into an immediate market-access event. The exchange’s notice set 10:00 UTC as the cutoff for every Bitcoin SV pair, then identified on Binance by the ticker BCHSV. Open orders were to be canceled automatically. Binance said withdrawals would remain available until 10:00 UTC on July 22, 2019.
The cutoff mattered beyond one token. It demonstrated how a large centralized venue could remove a market on its own standards and timetable, affecting where holders could trade without changing the underlying blockchain. The protocol continued to exist; Binance’s order books did not.
What Binance actually established
Binance announced the decision on April 15, 2019, after what it described as its latest review. Its published review framework included team commitment, development activity, network or smart-contract stability, public communication, responsiveness to due-diligence requests, evidence of unethical or fraudulent conduct, and contribution to the broader crypto ecosystem.
The notice did not publish a scorecard for Bitcoin SV or identify one criterion as the formal cause. That limitation is important. It is verifiable that Binance invoked its review process and scheduled the delisting. It is interpretation—not a disclosed adjudication—to say that any single person or dispute failed a particular listing test.
Contemporaneous reporting nevertheless placed the decision inside a public conflict involving Craig Wright, a prominent Bitcoin SV advocate who claimed to be Bitcoin creator Satoshi Nakamoto, and critics of that claim. CoinDesk reported on April 15 that Binance chief executive Changpeng Zhao had threatened delisting after Wright pursued critics. Wright’s identity claim was disputed; the exchange notice did not determine who created Bitcoin.
A coordinated contraction, not a network shutdown
The April 22 cutoff arrived during a broader reduction in venue and wallet support. Kraken’s staged schedule disabled BSV deposits on April 22, 2019, while its trading pairs were scheduled to remain open until April 29 and withdrawals until May 31. Kraken’s official historical page now notes that BSV was delisted on April 22 and that all BSV-pair trading ceased on April 29. ShapeShift and other service providers had also announced withdrawals of support in the preceding week.
Those different dates show why “delisted” needs precision. On Binance, all BCHSV trading pairs ended at the specified April 22 cutoff, but withdrawals remained supported. On Kraken, deposit support and trading support ended on different dates. None of those venue decisions invalidated blocks, erased privately held coins or shut down the Bitcoin SV network.
Bitcoin SV had emerged from the November 2018 split of Bitcoin Cash. By April 2019, access to it depended heavily on intermediaries for price discovery and conversion into bitcoin, fiat currency or other assets. Removing order books could fragment liquidity and raise operational costs for users moving to another venue, even when transfers remained technically possible.
What can and cannot be concluded
The strongest conclusion for April 22, 2019 is institutional: exchange listing policy functioned as a form of private market governance. Binance exercised discretion over access to its marketplace, and other providers made separate decisions on their own schedules. Supporters could view that discretion as necessary risk control; critics could view coordinated delistings as concentrated gatekeeping. The records establish the actions, not which interpretation was correct.
No price or volume figure is used here. Surviving reports cited changing snapshots from different aggregators, and the reconstructed record lacks a single verified, venue-specific execution window covering the cutoff. That prevents a defensible calculation of the delisting’s immediate price effect. The event’s significance rests instead on the documented termination of trading access and the contemporaneous spread of similar restrictions across major service providers.
The complete source packet and revision history are retained with the newsroom record.
Automated systems may have assisted with source organization and drafting. Coinburn is accountable for the published text and maintains a revision record.
This article provides news and analysis, not investment, legal or tax advice. Digital assets are volatile and may result in total loss.