Spot Trading Pairs Removal Announcement by Binance

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

Spot Trading Pairs Removal Announcement

Binance has recently announced the removal of specific spot trading pairs on June 7th. The trading pairs slated for removal include ACE/BNB, DOT/TUSD, MAGIC/FDUSD, MEME/BNB, SAND/BNB, and XAI/TUSD.

In an updated official statement, Binance disclosed its decision to eliminate certain trading pairs, effective from June 7th. The exchange emphasized the importance of safeguarding users and upholding market quality through routine reviews of all listed spot trading pairs. Factors such as poor liquidity and trading volume may prompt Binance to delist selected pairs.

Following recent assessments, Binance confirmed the discontinuation of trading for the aforementioned spot trading pairs on June 7th at 03:00 (UTC).

Key Details on Spot Trading Pairs Removal

Binance clarified that removing a spot trading pair will not impact the availability of tokens on Binance Spot. Users can continue trading the base and quote assets of the delisted pairs through other available trading pairs on Binance.

The exchange will terminate Spot Trading Bots services for the affected spot trading pairs on June 7th at 03:00 (UTC).

Users are urged to update or cancel their Spot Trading Bots before the service cessation to mitigate potential losses.

Dispelling Stablecoin Ban Speculations

In a notable development concerning Binance, Kyrylo Khomiakov, Binance’s Head of CEE and CIS, addressed rumors about a possible ban on stablecoins during Binance Campus.

Khomiakov refuted claims of an impending stablecoin delisting, clarifying misunderstandings in the media. He dismissed reports suggesting a complete delisting of stablecoins by Binance, emphasizing that this misinformation pertained to European users only.

Khomiakov emphasized that the upcoming MiCA regulations would introduce new rules for stablecoins, effective from July 1. Binance has recently issued statements explicitly addressing these regulatory changes.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Cardano Reports Progress on Leios Scaling Design in Latest Development Update

Cardano's November 6 development report highlights progress on the Leios scaling design, focusing on endorserblock production and chain selection checks.

user avatarAisha Farooq

XRP Momentum Indicators Show Oversold Conditions

XRP has faced significant selling pressure, with its RSI down to 26, indicating oversold conditions and potential for recovery.

user avatarBayarjavkhlan Ganbaatar

Analyst Identifies Potential Recovery for XRP Price

Analyst Ali Martinez identifies a descending channel pattern suggesting XRP could recover towards 130, contingent on the 114 support level holding.

user avatarMohamed Farouk

FCA Opens Application Window for Banks to Enter Regulated Crypto Activities

The Financial Conduct Authority (FCA) has announced that wholesale banks can apply to extend their permissions into regulated cryptoasset activities under the new UK framework.

user avatarElias Mukuru

Legislative Focus on Bitcoin Reserves Expected in 2027

Legislative focus on Bitcoin reserves is expected in 2027 as lawmakers in Florida and Texas prepare for new sessions, with key figures like Byron Donalds and James Talarico potentially influencing future policies.

user avatarDiego Alvarez

Bipartisan Support for Bitcoin Reserves Emerges After 2026 Midterms

Bipartisan support for Bitcoin reserves has emerged following the 2026 US midterm elections, with officials from both parties in Florida and Texas advocating for government-held Bitcoin reserves.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.