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Cryptocurrency News Articles
Binance to Remove Several Trading Pairs on June 28
Jun 26, 2024 at 11:42 pm
In a move aimed at preserving market quality and protecting its users, Binance, a leading cryptocurrency exchange platform, has announced the removal of multiple trading pairs.
Binance, a major cryptocurrency exchange, has announced the removal of several trading pairs due to low liquidity.
Starting June 28, 2024 03:00 (UTC), trading of the following spot trading pairs will be suspended: BLUR/FDUSD, LINK/TUSD, MEME/ETH, METIS/FDUSD, NFP/BNB, OSMO/BTC, and SHIB/TUSD.
This decision is based on regular reviews conducted by Binance, which have revealed low liquidity and trading volume on these specific pairs.
Despite the removal of these pairs, the associated tokens will continue to be available on Binance Spot, allowing users to trade the base and quote assets in other trading pairs available on the platform.
Importantly, Binance will also terminate the services of its spot trading bots for the mentioned pairs, urging users to update or cancel their bot configurations before June 28 to avoid possible losses.
This move is part of Binance’s ongoing efforts to maintain high standards of security and efficiency on its platform.
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