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Cryptocurrency exchange Binance continues to perform pair cleaning to protect users and ensure the continuation of high-quality trading operations. Binance has recently announced that 10 trading pairs will be removed.
10 Trading Pairs for 9 Altcoins to Be Removed
Binance, the world’s largest cryptocurrency exchange by volume, is preparing to remove 10 trading pairs for 9 altcoins to protect users and ensure the continuation of high-quality trading operations. Accordingly, trading pairs for APE, ARPA, BETA, CVX, ENS, EOS, ETC, KAVA, and PAXG altcoins will be removed.
In the announcement made by the cryptocurrency exchange, it was stated that APE/BNB, APE/EUR, ARPA/ETH, BETA/ETH, CVX/BTC, ENS/BNB, EOS/EUR, ETC/EUR, KAVA/BNB, and PAXG/BNB trading pairs will be removed on December 29th at 05:00 AM local time, ending trading operations. Trading operations for these altcoins will continue through other trading pairs.
As is known, the removal of a spot trading pair for an altcoin does not affect its availability on Binance Spot. Users can continue to trade through other spot trading pairs.
Spot Trading Bot Services Will Also Be Discontinued
On the other hand, Binance announced that the Spot Trading Bot services for these trading pairs will also be discontinued at the same date and time. The cryptocurrency exchange advises users to stop, update, and/or cancel their Spot Trading Bots before the removal of the trading pairs to avoid losses.
Binance’s spot trading bot service is a feature that allows for automatic trading in the spot market for Bitcoin and altcoins. These bots help users make a profit by automatically applying certain trading strategies without human emotion and psychology.
