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

Hut 8 Wins Bid for Poolin's Texas Datacenter Sites

Hut 8 has successfully bid $140 million for two datacenter sites owned by the bankrupt mining company Poolin.

user avatarLucas Weissmann

Senate Banking Committee Democrats Request Hearing on Prediction Markets

Democratic members of the Senate Banking Committee request a public hearing to examine the growing issue of prediction markets and their regulatory implications.

user avatarFilippo Romano

Crypto Economic Activity Remains Strong Despite Market Downturn

Crypto economic activity has shown resilience despite a significant drop in market capitalization, indicating a shift in market dynamics.

user avatarEmily Carter

Visa's Research Highlights Trust as a Barrier to Stablecoin Adoption

Visa's research highlights that trust and fraud protection are essential for stablecoin adoption, with 36% of US respondents considering their use, especially with bank-level protections.

user avatarTomas Novak

Cardano's Onchain Governance Approves New Treasury Allocations

Cardano's governance system has approved a new round of treasury allocations aimed at infrastructure and ecosystem development.

user avatarKaterina Papadopoulou

Galaxy Invests $100 Million in Onchain Credit Infrastructure

Galaxy has invested $100 million in Sky Protocol's yield-bearing sUSDS, integrating it into its corporate treasury and allowing it as collateral for institutional trading.

user avatarMaya Lundqvist

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.