Binance, one of the largest cryptocurrency exchanges in the world, has announced the removal of several spot trading pairs as part of its regular market review process. The delisting is set to take effect on January 17, 2025, at 03:00 (UTC). This decision reflects Binance’s commitment to maintaining a high-quality trading platform and ensuring a smooth experience for its users.
According to Binance, the affected spot trading pairs include BNX/BTC, CATI/BNB, CATI/BRL, CHZ/FDUSD, DOGS/BNB, GTC/BTC, HIGH/BTC, LISTA/BRL, NOT/BRL, PIXEL/BTC, TKO/BTC, and TWT/BTC.
These pairs were identified during a routine review that focused on factors such as trading volume and liquidity. Pairs with consistently low activity levels often make trading difficult, prompting the decision to delist them.
This move by Binance reflects its goal of creating a strong and efficient trading environment. By removing pairs with limited activity, the exchange can improve market liquidity and streamline the overall trading experience for its global user base. Regular reviews help ensure that only the most active and useful trading pairs remain listed.
For traders using any of the affected pairs, this early notice allows ample time to adjust trading strategies and ensure a smooth transition before January 17.
Binance has clarified that users can still trade these tokens through other active pairs on the platform. For instance, even if a pair like BNX/BTC is delisted, users can continue trading BNX and BTC using other available options.
The exchange has also announced that Spot Trading Bots services will no longer support these trading pairs after the delisting. Binance has strongly advised users to update or cancel their Spot Trading Bots before the deadline to avoid potential losses.
The idea of the U.S. government holding XRP as part of a national reserve might…
Coinbase Derivatives, LLC has launched CFTC-regulated futures contracts for XRP, adding to the growing list…
In a huge development for the cryptocurrency industry, Paul Atkins has officially been sworn in…
The wider crypto market may be attempting to follow the Gold price but the short-term…
The Circle Payments Network will leverage regulated stablecoins led by USDC and EURC. The CPN…
The Avalanche ecosystem has grown significantly in the past year backed by institutional investors seeking…
