- Binance, a leading cryptocurrency exchange, has implemented measures to enhance the trading environment and protect user interests.
- As part of its ongoing efforts, Binance periodically reviews listed spot trading pairs to ensure compliance with liquidity and trading volume criteria.
- In this context, Binance has announced the removal of several trading pairs from its platform.
Binance’s strategic delisting aims to uphold quality trading standards while ensuring users have access to a secure and efficient platform.
Trading Pairs Set for Removal
Binance has disclosed that it will remove the following spot trading pairs, with delisting scheduled for June 7, 2024, at 06:00 Turkey time:
- ACE/BNB
- DOT/TUSD
- MAGIC/FDUSD
- MEME/BNB
- KUM/BNB
- XAI/TUSD
Importantly, the delisting of these pairs will not affect the availability of the individual tokens on Binance’s Spot platform. Users will still be able to trade each base and quote asset through other supported pairs. For example, ACE and BNB can continue to be traded separately via alternative pairs.
Guidance for Spot Trading Bot Users
Users who rely on Spot Trading Bots must take action as Binance will terminate bot services for the affected pairs simultaneously with the delisting. Hence, all automated trading activities involving these pairs will be halted.
To prevent potential financial losses, it is highly recommended that users modify or cancel their Spot Trading Bots before the cessation time at 06:00 Turkey time on June 7, 2024.
Conclusion
To summarize, users should:
- Check if their trading pairs are included in the delisting announcement.
- Continue trading individual tokens of the delisted pairs through other available pairs.
- Cancel or update any Spot Trading Bots linked to the affected pairs before the delisting deadline.
These steps will aid in ensuring a smooth transition and protect users from unintended trading interruptions. Binance’s proactive measures underscore its dedication to maintaining a high-quality, secure, and efficient trading environment for its users.
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Disclaimer: The information provided in this article is not intended as investment advice. Cryptocurrency investments are highly volatile and risky; investors should conduct their own research before making any decisions.
