Cryptocurrency exchange Binance has taken decisive steps to maintain a high-quality trading environment and safeguard user interests. In line with this commitment, Binance periodically conducts reviews of all listed spot trading pairs to ensure they meet required liquidity and trading volume standards. The exchange has announced the delisting of several trading pairs as part of this effort.
Which Trading Pairs are Affected?
Binance revealed that the following spot trading pairs will be removed from the platform, with trading set to end on June 7, 2024, at 06:00 Turkey time:
- ACE/BNB
- DOT/TUSD
- MAGIC/FDUSD
- MEME/BNB
- KUM/BNB
- XAI/TUSD
It is crucial to note that the removal of these trading pairs will not impact the availability of the individual tokens on Binance Spot. Users will still be able to trade the base and quote assets of these pairs through other supported pairs on the platform. For instance, ACE and BNB can still be traded separately via other pairs.
What Should Spot Trading Bot Users Do?
Users who utilize Spot Trading Bots for any of the affected pairs must be aware that Binance will terminate these services concurrently with the delisting. This means that all automated trading activities involving these pairs will cease.
To avoid potential losses, users are strongly encouraged to update or cancel their Spot Trading Bots before the specified termination time of 06:00 Turkey time on June 7, 2024.
Key Takeaways for Users
– Verify if your trading pairs are affected by the delisting.
– Continue trading the individual tokens of the delisted pairs through other available pairs.
– Cancel or update any Spot Trading Bots linked to the affected pairs before the delisting date.
These actions will help ensure a seamless transition and protect users from any unintended trading disruptions. Binance’s proactive approach underscores its commitment to maintaining a secure and efficient trading platform for its users.