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

Ambire Launches Ice Hardware Wallet to Improve Safe Transaction Security

Ambire has launched its Ice hardware wallet, designed to decode Safe transactions and alert users to changes in account control.

user avatarGustavo Mendoza

Bitcoin Core 321 Release Introduces Key Network and Privacy Changes

The Bitcoin Core 321 release brings significant updates to network management, privacy features, and interface adjustments, while earlier versions 312 and 304 focus on maintenance.

user avatarRajesh Kumar

Mercado Bitcoin and Sui Integrate SUI and Stablecoins for Enhanced Financial Services

Mercado Bitcoin and Sui have announced a significant integration that will allow users to access SUI, USDC, and USDsui, facilitating purchases, sales, and transfers.

user avatarMiguel Rodriguez

Polymarket Reports on October 29 Security Incident

Polymarket reports on a security breach that occurred on October 29, 2023, involving a compromised monitoring script, leading to $39 million in refunds.

user avatarLuis Flores

KuCoin Stops Services for Russian and Belarusian Users

KuCoin has announced the discontinuation of all services for users in Russia and Belarus, effective immediately as of October 29, due to legal and regulatory requirements.

user avatarArif Mukhtar

FCA Confirms HTX Has Ceased Operations in the UK

The Financial Conduct Authority (FCA) has confirmed that HTX is no longer active in the UK following a settlement regarding financial promotions.

user avatarMaria Gutierrez

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.