Binance, the largest cryptocurrency exchange in the world, has just announced that it will remove several margin trading pairs, including LIT/BTC, NULS/BTC, SFP/BTC, and BEL/BTC starting from January 16. This has led to a double-digit price drop for related assets. In contrast, the addition of new trading pairs often causes prices to surge, as seen with many altcoins recently. 🪙

Additionally, Binance will stop supporting the trading pairs AXL/FDUSD, C98/BTC, and ENJ/ETH starting from January 10 to protect users and maintain market quality. These changes often negatively impact prices due to the loss of credibility and accessibility. 📉

However, the addition of new trading pairs usually brings a positive effect, as seen with Cow Protocol and Cetus Protocol when prices rose by 70% after being listed.