Binance Scraps FTT-USDT Trading Pair From Both Spot and Perpetual Contracts

Binance, the world’s leading cryptocurrency exchange, has halted trading for the FTT/USDT trading pair following the FTX fallout.

The exchange has also removed FTT from its derivatives platform.

  • The move hasn’t been officially announced, but a search on the Binance exchange reveals no results for the FTT/USDT trading pair.
  • The same is true for the Perpetual Contracts on Binance Futures.
  • However, it’s worth noting that the FTT/BUSD trading pair is still active, albeit with clear warnings and disclosures that the pair is particularly volatile and users should exercise maximum caution.
  • It’s also interesting that despite the ongoing fiasco, traders remain interested in FTT. At the time of this writing, the pair has a 24-hour volume of over 74 million BUSD.
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Source: https://cryptopotato.com/binance-scraps-ftt-usdt-trading-pair-from-both-spot-and-perpetual-contracts/