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Reading: Binance to Delist Four Altcoin Trading Pairs for Quality Assurance
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Latest cryptocurrency news > BINANCE > Binance to Delist Four Altcoin Trading Pairs for Quality Assurance
BINANCE

Binance to Delist Four Altcoin Trading Pairs for Quality Assurance

BH NEWS
Last updated: 16 January 2024 14:00
BH NEWS 2 years ago
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Binance, the world’s largest cryptocurrency exchange by volume, has announced the removal of four trading pairs involving altcoins following periodic reviews aimed at protecting users and ensuring a high-quality trading experience. The affected pairs are DAR/BNB, DEXE/ETH, ID/BNB, and POLS/BTC.

The exchange conducts regular evaluations of all listed altcoins, removing those that do not meet certain criteria such as liquidity and trading volume. This is part of Binance’s commitment to maintaining a secure and efficient trading environment.

Trading for the delisted pairs will cease on January 19 at 06:00 AM (UTC). However, the delisting of these pairs does not affect the availability of DAR, DEXE, ID, and POLS on Binance Spot; other trading pairs involving these altcoins will remain active for users to trade.

Additionally, Binance will discontinue the Spot Trading Bot service for the affected pairs. Users are advised to make necessary updates or cancel the service before it is terminated.

A trading pair in financial markets represents the relative value of two different assets or cryptocurrencies against each other, typically denoted as “X/Y,” where “X” and “Y” are the assets or cryptocurrencies involved. For example, the DAR/BNB pair indicates the value of DAR relative to BNB.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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