Binance, one of the world’s leading cryptocurrency exchanges, announced that it has removed certain spot trading pairs from its platform in order to protect the interests of its users and maintain the integrity of the trading environment.
Binance Announces Removal of Certain Spot Trading Pairs
Reasons for Delisting:
The decision to remove these spot trading pairs stems from Binance’s ongoing commitment to regularly review all listed assets.
Factors such as liquidity and transaction volume are important elements taken into account in these evaluations. After a thorough evaluation, Binance has stated that the following spot trading pairs no longer meet exchange standards and will be delisted as of 09-02-2024 at 06:00.
FLOW/BNB
GMT/ETH
ONE/BNB
PUNDIX/ETH
Implications for Users:
It is important to note that the removal of these spot trading pairs does not affect the availability of the corresponding tokens on Binance Spot.
Users will still be able to access these tokens and engage in trading activities involving their underlying and quoted assets through alternative trading pairs offered on the platform.
Termination of Spot Trading Bots Services:
In addition, Binance will stop providing Spot Trading Bots for the affected spot trading pairs. The termination of these services will take effect on 09-02-2024 at 06:00.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/delist-news-continues-to-come-from-bitcoin-exchange-binance-4-more-altcoin-trading-pairs-delisted/