- Reasons for Delisting Trading Pairs
- Alternative Trading Opportunities
- Newly Added Trading Pairs
Binance has announced plans to remove several spot trading pairs from the platform. This decision was made based on a regular evaluation of their performance and liquidity.
Reasons for Delisting Trading Pairs
Binance will stop trading nine trading pairs on August 23. The primary reasons are their liquidity, market performance, and popularity among investors. Low trading volume and inadequate liquidity often lead to the removal of trading pairs.
Alternative Trading Opportunities
Removing pairs does not mean being unable to trade the underlying assets. They will be available through alternative trading pairs on Binance Spot, which have sufficient liquidity and popularity among investors. Thus, users can continue trading the assets within the Binance ecosystem.
Newly Added Trading Pairs
Binance also announced the addition of nine new trading pairs, including MATIC, TON, and DOGE. Dogecoin and TON remain some of the most popular assets on the market, and the presence of Japanese traders has encouraged the opening of JPY trading pairs.
Binance continues to expand trading opportunities and ensure a stable and active trading environment. The original announcement can be found on the official Binance website.
