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Leading cryptocurrency exchange Binance has announced the removal of three spot trading pairs on February 6, 2025. The pairs affected are QI/BTC, TLM/BTC, and VITE/BTC, which will cease trading at 06:00 UTC. The exchange cited a lack of liquidity and low trading volume as the reasons behind this decision. Users are encouraged to continue trading their assets through other available pairs.
Details of the Trading Pair Removal Process
Following periodic reviews, Binance made the decision to delist the spot trading pairs with BTC for QI, TLM, and VITE. This decision aligns with the goals of user protection and maintaining market quality. Trading for these pairs will stop on February 6, but altcoins will still be available for trading in other pairs, such as USDT and BUSD.
Users must update or cancel their Spot Trading Bots to avoid automatic halting and potential losses. Binance has urged users to take precautions in its official announcement.
The trading volume for these pairs has significantly decreased over the past week, which played a key role in prompting the delisting decision.
Warnings for Users
Binance reiterated that users will not lose access to their assets but must check their bots for the affected pairs. Investors using automated strategies are particularly advised to review their trading pairs. The exchange typically provides advance warnings for similar decisions, but this time the process will be completed within two days.
Following the removal from the platform, short-term price fluctuations for the affected altcoins may be expected. Experts recommend that users shift their positions to alternative trading pairs, such as QI/USDT or TLM/BNB. Binance’s policy of centralizing liquidity seems likely to continue filtering out low-volume pairs.
