Binance has announced plans to remove the GPS/FDUSD and HIVE/FDUSD trading pairs from its platform, effective July 25, 2025. This move aligns with the company's strategy of maintaining high-quality trading markets.
Reasons for Delisting the Trading Pairs
The delisting of GPS/FDUSD and HIVE/FDUSD trading pairs is due to Binance's strategy to ensure liquidity and reduce trading risks by eliminating less active pairs. This action continues the platform's practice of enhancing market quality.
Impact on Users
The impact on users will be minimal, as GPS and HIVE will still be tradable against other pairs on the platform. The decision is not expected to influence major cryptocurrencies such as BTC and ETH.
Reporting and Comments
So far, no comments have been made by Binance CEO Richard Teng regarding the delisting of the pairs. The delisting process is conducted in accordance with the company's standard operational procedures aimed at maintaining market stability.
The removal of GPS/FDUSD and HIVE/FDUSD trading pairs is part of Binance's regular review process that serves to ensure high trading standards and minimize risks for users. Despite potential consequences, they express confidence in market stability.