Binance is taking proactive steps to adjust its trading offerings, ensuring users can navigate changes with ease. Although QTUM and XVS are being removed from BTC margin trading, both assets will still be available for trading in other non-margin pairs, giving users the flexibility to continue their strategies on Binance. These adjustments reflect Binance’s ongoing efforts to align with market dynamics and optimize trading services.
Additionally, Binance has announced the delisting of spot trading pairs COS/BTC and FXS/BTC effective November 8 at 03:00 UTC. This decision stems from the platform’s regular reviews aimed at maintaining a premium trading experience. Delistings are often influenced by factors such as low liquidity and trading volume to ensure optimal market conditions.
Market Reactions and Volume Insights Amid Delisting Moves Following the recent U.S. election results and Donald Trump's victory, market optimism has sparked a rally in certain cryptocurrencies, including QTUM and XVS.
Currently, QTUM is trading at $2.32, with an intraday range spanning from a low of $2.13 to its current peak of $2.32. Although it has gained short-term momentum, it remains down by over 3% for the week and 5% over the past month. The last 24 hours saw a trading volume of $31 million, contributing to a market capitalization of approximately $244.5 million.
XVS has also shown positive momentum, trading at $6.70, reaching an intraday low of $6.19 and high of $6.70, with a 24-hour trading volume of $2.82 million—indicating a surge in recent interest. Meanwhile, COS is priced at $0.0066, and FXS at $1.818, both reflecting significant growth in today’s market.
$XVS $COS $FXS #EthereumRally #MicrosoftBitcoinRejection #NovemberMarketAnalysis #PensionCryptoShift
