Leading cryptocurrency exchange Binance has announced the removal of three spot trading pairs as part of its routine market quality review.
Reasons for Delisting
According to the official notice, the spot trading pairs IDEX/BTC, LQTY/BTC, and THE/BNB will be delisted at 06:00 on March 14. Binance stated that the decision was based on factors such as low liquidity and trading volume.
Impact on Investors
The removal only affects trading pairs. The underlying tokens will continue to be available for trading on other pairs on Binance Spot. Spot Trading Bot services for these pairs will also be terminated on March 14 at 06:00. Binance urges users to update or cancel active trading bots on the affected pairs to avoid potential losses.
Routine Trading Pair Review
The exchange regularly reviews its trading pairs to ensure a high-quality market and may delist pairs that fail to meet liquidity and volume standards.
The delisting of the three pairs emphasizes Binance's commitment to maintaining high-quality standards on its platform.
