Binance, the world’s largest cryptocurrency exchange by volume, has announced the removal of four trading pairs for altcoins following periodic reviews aimed at protecting users and providing a high-quality trading experience. These are the altcoins and their respective pairs being delisted.
DAR/BNB, DEXE/ETH, ID/BNB, and POLS/BTC to be Removed from Binance Spot Trading
The major cryptocurrency exchange Binance periodically reviews all listed altcoins to ensure a high-quality trading experience and to protect its users. Binance may delist altcoins or remove their trading pairs due to various factors such as low liquidity and trading volume.
In line with this, the exchange has announced that the spot trading pairs DAR/BNB, DEXE/ETH, ID/BNB, and POLS/BTC will be removed and trading for these pairs will be halted. Accordingly, trading for these spot pairs will cease on January 19 at 06:00 AM local time.
The removal of DAR/BNB, DEXE/ETH, ID/BNB, and POLS/BTC trading pairs from Binance Spot will not affect the availability of DAR, DEXE, ID, and POLS on Binance Spot. Users will be able to continue trading these altcoins in other spot trading pairs.
Spot Trading Bot Service for Trading Pairs to be Discontinued
Furthermore, Binance has noted that the Spot Trading Bot service for the DAR/BNB, DEXE/ETH, ID/BNB, and POLS/BTC trading pairs will also be discontinued. Users are advised to make the necessary updates to the Spot Trading Bot service before its discontinuation and/or to cancel the service.
As is known, a trading pair in financial markets is a term that expresses the value of two different assets or cryptocurrencies against each other. It is usually denoted as “X/Y,” where “X” and “Y” represent different assets or cryptocurrencies. For example, the DAR/BNB trading pair expresses the value of DAR against BNB.
