Binance to Delist Three Spot Trading Pairs and Temporarily Suspend Deposits and Withdrawals Ahead of Ethereum's Hard Fork Upgrade

Binance, one of the world's largest cryptocurrency exchanges, is making critical adjustments that will impact a large number of users this week.

Binance, a leading cryptocurrency exchange, is implementing several changes that will affect a significant number of users this week. As Ethereum prepares for a major hard fork, Binance will be adjusting its offerings with the delisting of several low-performing trading pairs and the temporary suspension of deposits and withdrawals on various blockchain networks.

On May 9 at 03:00 (UTC), Binance will delist three spot trading pairs: ANIME/BNB, STRK/BTC, and THE/BTC.

The exchange explained that the decision was made due to low trading volume and poor liquidity in these pairs.

Low liquidity can impact users’ ability to quickly and efficiently enter or exit trades, especially during periods of high market volatility.

Moreover, sustained low trading volume can be an indicator of weak demand and interest in the trading pairs, which can ultimately affect the overall quality of the market.

Binance is advising users who still hold positions in the affected trading pairs to close or adjust them accordingly before the delisting takes effect at 03:00 (UTC) on May 9.

In anticipation of the upcoming Ethereum network upgrade and hard fork, Binance will be suspending deposits and withdrawals across multiple blockchain networks on May 7 at 09:45 (UTC).

The new Atomic Spam payload will be included in the Ethereum mainnet at around 10:05 (UTC) with Block 1648940, and the network upgrade will take place on May 7 at 09:45 (UTC).

The affected networks include: Ethereum (ETH), Arbitrum (ARB), Optimism (OP), zkSync Era (ZKSYNC), Base (BASE), Manta Network (MANTA), Starknet (STRK), Polygon (POL), Metis (METIS), Scroll (SCR), Cyber (CYBER), Metal DAO (MTL), Celo (CELO), and Worldcoin (WLD).

Binance is actively monitoring the status of the network and will provide a separate announcement to announce the resumption of deposits and withdrawals once the upgraded network is deemed stable and secure for users to proceed with normal operations.

These measures are part of Binance’s broader efforts to ensure optimal platform reliability, asset security, and smooth operation during critical blockchain events.

The upcoming Ethereum upgrade is expected to introduce several core improvements to the network, and Binance is taking proactive steps to mitigate any potential risks and prioritize the safety of its users throughout the process.