Binance to delist 5 trading pairs: details

Binance to delist 5 trading pairs: details

Effective June 14, 2024 at 3:00 am UTC Binance plans delete and stop trading five spot trading pairs. The following pairs are scheduled to be delisted: XAI/BNB, ALPACA/BTC, MDX/BTC, NFP/TUSD and QUICK/BTC.

Effective June 14, 2024 at 3:00 am UTC Binance plans delete and stop trading five spot trading pairs. The following pairs are scheduled to be delisted: XAI/BNB, ALPACA/BTC, MDX/BTC, NFP/TUSD and QUICK/BTC.

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This action is part of Binance’s routine review procedure, in which the platform evaluates each listed trading pair to ensure a high-caliber trading market. This decision was mainly influenced by the low trading volume and poor liquidity of these particular pairs.

By delisting them, Binance hopes to keep its users’ trading experience smooth and effective. The delisted pairs and their accompanying information are broken down here: BTC/ALPACA, BTC/MDX, TUSD/NFP, BTC/Quick, and XAI/BNB.

These tokens will not be removed from the market; instead, users will still be able to trade these assets using other pairs available on the platform. Additionally, Binance will simultaneously stop providing Spot Trading Bot services for these pairs. To avoid possible losses, users of these bots are recommended to change or delete their settings before stopping using them.

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Binance underlines that this move is a component of its dedication to providing users with top-notch trading experiences by removing any pairs that may have liquidity issues. By removing inactive pairs from the market, they can improve the liquidity of active pairs while limiting market inefficiencies.

As always, Binance advises users seeking the most accurate information to refer to the original English version of the announcement. Users can anticipate further platform updates aimed at improving trading as Binance monitors and reviews trading pairs.

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