Binance’s routine review targets low-volume trading pairs, identifying several spot pairs for removal.
Binance has announced the removal of several spot trading pairs as part of its regular efforts to preserve a seamless trading environment and safeguard customers. Low trade volumes and inadequate liquidity are considered throughout this routine evaluation procedure.
As per the most recent review, trading will stop on Dec. 27, 2024, at 11:00 (UTC+8) for the following pairs: ACE/BTC, ACM/TRY, BOME/BTC, DYM/BTC, MTL/TRY, PIXEL/BNB, PIXEL/FDUSD, QKC/BTC, RAD/BTC, REZ/FDUSD, and TUSD/TRY.
The discontinuation of these cryptocurrency trading pairs will not affect users’ ability to trade the related tokens, as they will remain available through other supported pairs on Binance. For example, if a user holds QKC, they can still trade it against other currencies like USDT or USDC if those options are available.
In addition to delisting the trading pairs, Binance will also turn down its trading bot services for the pairs at the specified time. To prevent any possible losses, users who are actively using trading bots on the pairs are strongly encouraged to shut them down or cancel them in advance to avoid any disruptions.
Users are also advised to read Binance’s official FAQs on delisting guidelines for more advice and the most up-to-date information. Keeping yourself informed can help minimize any inconveniences and guarantee a seamless trading experience on any cryptocurrency exchange.
This article first appeared at crypto.news