Continuing to offer an optimized trading experience to its users, Binance carries on with periodic reviews of listed liquidity pools. The primary goals of these reviews include consolidating liquidity, minimizing price ranges, and enabling users to benefit from improved transaction prices. The exchange has announced the removal of certain trading pairs in its latest notice.
Liquidity Pool Changes and Redistribution of Assets
In its latest evaluation, Binance has announced that the following liquidity pools will be removed, effective from January 5, 2024, at 07:00 Turkey time.
- ADA/BTC
- BNB/USDT
- BTC/USDT
- DOGE/BTC
- DOGE/USDT
- ETH/USDT
- LINK/BTC
- SHIB/USDT
- USDT/DAI
- XRP/USDT
Users who have current positions in these liquidity pools will automatically receive their invested assets in their spot wallets at 07:00 on January 5, 2024.
Important Notes for Users
Binance has provided further details for its users. Accordingly, the removal of the listed liquidity pools will not affect the trading of the relevant pairs on Binance Spot, where applicable. While these liquidity pools are being removed, users will be able to continue trading activities in other available liquidity pools on Binance Liquid Swap.
Users will not be able to add liquidity to the listed pools starting from 07:00 Turkey time on January 1, 2024. Additionally, users will have the option to utilize their assets in the affected liquidity pools before January 5, 2024, at 07:00. Subsequently, all remaining deposits in the liquidity pools will be automatically redeemed, and the assets will be deposited into the users’ spot wallets.
Binance Liquid Swap is dedicated to maintaining a dynamic and efficient trading environment, and these adjustments aim to facilitate liquidity, enhance user experience, and continue meeting the evolving needs of the platform’s users.
