Binance team, through their blog site, announced the trading pairs that will be removed from the exchange. In the announcement penned by the team, it was explained that this decision was made to protect users and maintain a quality trading market. Binance can remove pairs listed on the platform due to various factors such as low liquidity and trading volume.
Binance Takes Notable Action
According to the announcement on Binance’s blog site, starting from February 2nd, the exchange will remove trading pairs such as BSW/BNB, KAVA/ETH, SCRT/ETH, SNX/BNB, UFT/ETH, and WAN/ETH, and spot trading for these pairs will be halted. It was also announced that spot trading bot services would be removed in this context.
The team explained that in order to prevent potential losses for users, Spot Trading Bots services should be updated or canceled before their discontinuation. Despite the removal of these pairs from the platform, users will still be able to trade their assets on Binance Spot in different pairs.
Binance periodically reviews spot trading pairs and removes them from the platform, especially due to various factors such as low liquidity and trading volume.
