Binance, one of the world’s leading cryptocurrency exchanges, has announced the removal of several spot trading pairs in order to protect users and ensure the integrity of the exchange market.
Binance Announces Removal of These Spot Trading Pairs effective March 8, 2024
The decision was made following routine reviews conducted by the exchange, which took into consideration various factors, including liquidity and trading volume.
Binance will cease trading in the following spot trading pairs effective March 8, 2024 at 6:00 AM:
AERGO/BTC, ALGO/BNB, CTSI/BNB, FARM/BTC, FUN/ETH and XLM/BNB.
Removing these spot trading pairs does not affect the availability of the corresponding tokens on Binance Spot. Users will be able to continue buying and selling the underlying assets of these pairs on other trading pairs available on the exchange.
Additionally, Binance will simultaneously discontinue its Spot Trading Bots services for the above-mentioned spot trading pairs.
Users using these services are strongly advised to update or delete their Spot Trading Bots before the services are discontinued to reduce possible losses.
This move by Binance underlines the exchange’s commitment to maintaining a high-quality trading environment and providing the best experience to its users.
As the world of cryptocurrency continues to evolve, exchanges like Binance remain vigilant in adapting their offerings to best meet the needs of their growing user base.
*Not investment advice