In order to streamline the trading experience and ensure optimal liquidity, Binance Liquid Swap conducted a comprehensive review of the listed liquidity pools.
Binance Liquid Swap Announces Removal of Pools for Multiple Altcoin Pairs
This process aims to consolidate liquidity, reduce slippage and ultimately offer better trading prices to users. As a result, the following liquidity pools will be removed effective 17-10-2023 07:00:
BEL/USDT FTM/BUSD FUN/USDT GMT/BNB GMT/ETH HFT/USDT IDEX/USDT LEVER/USDT MAGIC/BTC MANA/BUSD OP/BUSD XRP/BUSD
The assets deposited by users who currently have a position in any of the above-mentioned liquidity pools will be automatically transferred to their Spot wallets on 17-10-2023 07:00.
The removal of the specified liquidity pools will not affect the trading of the relevant pairs on Binance Spot.
Users will still be able to engage in trading activities in other available liquidity pools on Binance Liquid Swap.
Starting from 13-10-2023 07:00, users will not have the option to add liquidity to the pools mentioned above.
Users are given the option to withdraw their assets from the specified liquidity pools before 17-10-2023 07:00.
This measure by Binance Liquid Swap demonstrates the platform’s commitment to improving the trading experience and providing users with the best possible environment for their transactions.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/binance-announced-the-removal-of-many-altcoin-pairs-from-the-liquidity-pool/