Binance Shuts Down 31 Liquidity Pools: Which Trading Pairs Will Be Affected?

Binance, the world’s largest cryptocurrency exchange, has announced that it will be removing 31 trading pairs from its liquidity pools. The announcement, made on July 28th on the official Binance website, stated that these pairs will be removed following periodic reviews conducted on the Liquid Swap platform.

Trading Pairs to be Removed

According to Binance, the following trading pairs will be removed from the Liquid Swap platform at 07:00 AM UTC on August 4th:

  • APT/BUSD
  • ATA/BTC
  • AXS/USDT
  • BAKE/BNB
  • BAKE/BTC
  • DAR/BNB
  • ELF/BTC
  • ELF/USDT
  • FLOKI/USDT
  • FTM/BNB
  • GLMR/USDT
  • GMX/BTC
  • GMX/USDT
  • GNS/USDT
  • ID/USDT
  • ILV/BTC
  • ILV/USDT
  • KSM/USDT
  • LOKA/BNB
  • LOKA/USDT
  • LQTY/USDT
  • MKR/USDT
  • MULTI/BTC
  • MULTI/USDT
  • NEAR/BUSD
  • PERP/USDT
  • SNX/USDT
  • STX/USDT
  • SUI/USDT
  • SYN/USDT
  • TLM/BTC

Impact on Users

Binance emphasized that the removal of liquidity pools will not affect spot trading pairs. Customers will still be able to trade on other liquidity pools without any issues. However, starting from 07:00 AM UTC on July 31st, users will not be able to add liquidity to the affected pools.

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Gideon Wolf
Gideon Wolfhttps://en.coinotag.com/
GideonWolff is a 27-year-old technical analyst and journalist with extensive experience in the cryptocurrency industry. With a focus on technical analysis and news reporting, GideonWolff provides valuable insights on market trends and potential opportunities for both investors and those interested in the world of cryptocurrency.
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