Binance, the world’s leading cryptocurrency exchange by trading volume, has announced the removal of nine spot trading pairs. This initiative aims to protect users and ensure high-quality trading conditions on the platform. The decision is based on periodic reviews that assess factors such as liquidity and transaction volume.
Which Trading Pairs Are Affected?
Effective from August 23, 2024, at 09:00 AM Turkish time, the affected trading pairs are ARKM/TUSD, CHZ/EUR, ENA/EUR, FIRO/BTC, IOTA/FDUSD, JOE/TRY, OMNI/BNB, REZ/BNB, and SUPER/FDUSD. While these pairs will be delisted, the respective altcoins will remain available for trading on other pairs within Binance’s platform.
How Will Users Be Impacted?
The discontinuation of these pairs doesn’t affect the overall availability of the involved altcoins. Users can still trade the base and quote assets through other available pairs. However, Spot Trading Bot services linked to these pairs will also be halted. Binance advises users to reconfigure or cancel their bots by the specified date to avoid any potential financial losses.
Important User Considerations
- Update or cancel Spot Trading Bots before August 23, 2024, to mitigate potential losses.
- Explore other trading pairs for the affected altcoins available on Binance.
- Stay informed about periodic reviews and updates from Binance to make timely adjustments.
Binance continues its commitment to maintaining a robust trading environment by regularly evaluating the listed cryptocurrencies and trading pairs. Such measures are part of its ongoing efforts to ensure market quality for its users.