Binance, the world’s largest cryptocurrency exchange by volume, announced the removal of eight trading pairs from its spot market, including CRV/ETH, IOST/ETH, NEO/ETH, and QKC/ETH. These pairs will be delisted on January 26th.
The exchange is set to remove COMBO/BNB, CRV/ETH, IOST/ETH, NEO/ETH, QKC/ETH, QUICK/TUSD, RUNE/EUR, and WOO/BNB. The affected trading pairs will be closed for trading at 06:00 AM UTC on the specified date.
Binance users will still be able to trade COMBO, CRV, IOST, NEO, QKC, QUICK, RUNE, and WOO using other trading pairs available on the platform.
The periodic review of trading pairs by Binance aims to protect users and ensure a high-quality trading experience, occasionally leading to the removal of pairs due to factors like low liquidity and trading volume.
A trading pair in cryptocurrency refers to the value of one crypto against another crypto or a fiat currency. It is essential for investors to follow market price movements and develop trading strategies, with exchanges constantly updating available pairs.