Binance delist, Remove Nine Altcoin Spot Trading Pairs This Week
Binance cryptocurrency exchange has announced it will delist nine altcoin spot trading pairs effective August 23, 2024, at 03:00 UTC. This decision stems from the exchange’s ongoing efforts to ensure a high-quality trading environment by assessing the liquidity and volume thresholds of its listed trading pairs.
According to a press statement by Binance, the affected spot trading pairs include ARKM/TUSD, CHZ/EUR, ENA/EUR, FIRO/BTC, IOTA/FDUSD, JOE/TRY, OMNI/BNB, REZ/BNB, and SUPER/FDUSD. The exchange delists these pairs as part of its routine market quality assessments. This will protect users and uphold the integrity of the trading environment.
Traders currently using these pairs should adjust their strategies and cancel or update any automated trades to avoid potential losses.
Users impacted by the delisting have to modify their trading setups, as the bot services for these pairs will also be terminated. Although the delisting affects specific trading pairs, it does not remove the individual tokens from the platform. This allows users to trade the spot trading pair’s base and quote assets on other available pairs at Binance.