Overview

Binance recently announced the removal of five spot trading pairs on June 14. This action was disclosed in an official announcement by Binance, scheduled to take place at 03:00 (UTC) on the specified date.

The exchange highlighted its commitment to safeguarding users and maintaining a robust trading environment by conducting periodic evaluations of all listed spot trading pairs. As a result of these reviews, Binance may opt to delist certain pairs based on various factors, such as low liquidity and trading volume.

Spot Trading Pairs To Be Removed

Following the most recent reviews, Binance has decided to remove the following spot trading pairs: ALPACA/BTC, MDX/BTC, NFP/TUSD, QUICK/BTC, and XAI/BNB.

Removal Details

Binance clarified that the delisting of spot trading pairs will not impact the availability of tokens on Binance Spot. Users will retain the ability to trade the base and quote assets of the delisted pairs on other available trading pairs on the platform.

Furthermore, Binance will discontinue its Spot Trading Bots services for the affected pairs on June 14 at 03:00 (UTC) where applicable. It is recommended that users update or cancel their Spot Trading Bots before the service cessation to avoid potential losses.

Latest Updates from Binance

Apart from the removal of spot trading pairs, Binance Labs recently made an investment in Zircuit, an L2 network known for its AI-driven user security measures. Zircuit offers high-level security features and automated AI mechanisms to protect users from smart contract vulnerabilities and malicious activities.

Additionally, Richard Teng, the CEO of Binance, celebrated a significant milestone of 200 million users on the platform. He discussed the rapid growth of Web3 and the increasing mainstream adoption of cryptocurrency and blockchain technology.