The cryptocurrency exchange Binance announced today that it has taken steps regarding certain trading pairs. Here, Binance’s primary motivation appears to be protecting its users. Ensuring high-quality market operations is another motivation. In this context, Binance stated that it periodically reviews trading pairs. In the latest review, it announced the removal of five trading pairs.
Binance Removes Five Altcoin Trading Pairs
In the announcement made by Binance, it was stated that the following spot trading pairs will be removed and trading will be stopped at 06:00 Turkey time on June 14, 2024. The removed trading pairs are as follows:
- ALPACA/BTC, MDX/BTC, NFP/TUSD, QUICK/BTC, XAI/BNB.
Users of the cryptocurrency exchange should note that the removal of trading pairs should not be interpreted as the delisting of the altcoins. For example, in the case of the removed ALPACA/BTC pair, this pair will no longer be available on Binance. However, the ALPACA token will continue to exist and be traded on the exchange.
Lastly, those who have positions in leveraged trading related to these pairs may need to close their positions before the specified date.
