With its high transaction volume, the world’s largest cryptocurrency exchange, Binance, periodically reviews the spot trading pairs it lists to protect its users and ensure a quality trading market. As a result of these reviews, some spot trading pairs are removed due to factors such as low liquidity and trading volume. Binance has announced that it will remove nine trading pairs for nine altcoins.
Trading Pairs Binance Will Remove
On August 23, 2024, at 09:00 AM Turkish time, Binance will remove nine spot trading pairs for nine altcoins from its platform. The trading pairs to be removed are ARKM/TUSD, CHZ/EUR, ENA/EUR, FIRO/BTC, IOTA/FDUSD, JOE/TRY, OMNI/BNB, REZ/BNB, and SUPER/FDUSD.
The removal of these spot trading pairs will not affect the availability of the respective altcoins on Binance Spot. Users can continue to trade the base and quote assets of these pairs on other trading pairs available on Binance.
Moreover, the Spot Trading Bot services available for these trading pairs will also be terminated on the same date and time. The cryptocurrency exchange advises users to update or cancel their Spot Trading Bots before the specified date and time to prevent potential losses.
Binance continuously reviews the cryptocurrencies and trading pairs it lists to maintain the quality of the trading market it offers to its users and occasionally takes such measures.