Binance has announced that it will remove and halt trading on select spot trading pairs as part of its routine review to ensure a high-quality trading environment.
Binance to Delisting Several Spot Trading Pairs on October 25
The delisting is scheduled to take place on October 25, 2024, at 06:00. Spot Trading Pairs to be Delisted
- ALGO/FDUSD
- CHR/ETH
- DGB/BTC
- GMX/BTC
Details and User Suggestions
- The removal of these pairs will not impact the availability of the underlying tokens on Binance Spot. Users can continue to trade other listed trading pairs with ALGO, CHR, DGB, and GMX.
- Binance will also be shutting down Spot Trading Bots for the affected pairs at the same time. Users are advised to update or cancel their bots to avoid any potential losses once the services are shut down.
The delisting decision comes after Binance periodically reviews listed assets, taking into account factors such as liquidity, trading volume, and overall market conditions.
Binance encourages users to adjust their trading strategies accordingly and use other available trading pairs for their investment needs.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/bitcoin-exchange-binance-announces-it-will-delist-4-altcoin-trading-pairs-here-are-the-details/