Binance Delists Multiple Altcoin/BTC Spot Pairs

At the beginning of 2025, Binance removed several Altcoin/BTC spot pairs from its platform. Today, Binance announced the delisting of MDT/BTC, MLN/BTC, VIB/BTC, VIC/BTC, and XAI/BTC due to low liquidity and trading volume.

Cryptocurrency exchange Binance is shutting down several trading pairs.

The exchange announced today that it will be discontinuing the MDT/BTC, MLN/BTC, VIB/BTC, VIC/BTC, and XAI/BTC pairs for spot trading on Thursday, May 18.

“To better protect users and maintain a high-quality trading market, Binance conducts periodic reviews of all listed spot trading pairs and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume,” a Binance spokesperson said in a statement.

The move comes as Binance has been incrementally shutting down several trading pairs throughout the year.

Since the start of 2025, Binance has announced the delisting of 34 spot trading pairs, affecting several coins such as Chain98, ENJ, and C98.

Of these, about 50% were Altcoin/BTC pairs, while the rest were Altcoin/ETH or Altcoin/BNB pairs.

However, the delisting of an Altcoin/BTC pair does not necessarily mean that its corresponding Altcoin/USDT pair is also removed. For example, ENJ, C98, and REZ coins still have their USDT pairs available for trading.

This shift may be linked to the fact that traders are increasingly interested in Altcoin/Stablecoin pairs due to better liquidity and lower risk exposure compared to Altcoin/BTC pairs.

As such, market analysts tend to focus more on Altcoin/USDT spot pairs, leaving less attention to Altcoin/BTC pairs.

According to CoinMarketCap data, USDT's daily trading volume surpasses $115 billion out of a total market trading volume of $147 billion. This statistic reaffirms that USDT serves as the primary channel for traders to seek out and capitalize on available opportunities.

Moreover, trading on Altcoin/BTC pairs subjects traders to two risks simultaneously—the volatility of both altcoins and Bitcoin.

Even the most liquid pairs, such as ETH/BTC and SOL/BTC, have shown prolonged periods of inactivity and high volatility, presenting a greater risk of incurring losses.

Finally, recent data from CryptoQuant indicates that retail investors have been reducing their BTC holdings since Q4 2024, while large investors continue to accumulate.

“Retail is panic-selling. Whales are accumulating,” Investor Mister Crypto stated.

Since the approval of Bitcoin ETFs and the start of Trump’s new term, Bitcoin has become a playground for institutional investors. Retail traders seem less interested, as BTC’s high price is out of reach for many. Instead, they hold fewer BTC and allocate more capital to altcoins, particularly meme coins.