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🚨 Binance to Delist 12 Trading Pairs on January 17, 2025 – What Every Trader Must Know!
Binance, the world's leading cryptocurrency exchange, has announced the delisting of 12 spot trading pairs, effective January 17, 2025, at 03:00 (UTC).
Affected Trading Pairs:
- BNX/BTC
- CATI/BNB
- CATI/BRL
- CHZ/FDUSD
- DOGS/BNB
- GTC/BTC
- HIGH/BTC
- LISTA/BRL
- NOT/BRL
- PIXEL/BTC
- TKO/BTC
- TWT/BTC
Reasons for Delisting:
Binance regularly reviews its listed trading pairs to ensure optimal liquidity and user experience. The decision to remove these pairs is primarily due to low trading activity, which can lead to reduced liquidity and wider spreads, adversely affecting traders.
Impact on Traders:
- Open Orders: All open orders on the affected pairs will be automatically canceled after the delisting.
- Asset Availability: The delisting of these trading pairs does not affect the availability of the underlying assets. Users can continue to trade the base and quote assets in other available pairs on Binance.
- Trading Bots: Users utilizing spot trading bots for these pairs should update or cancel their bots before the delisting to prevent potential losses.
Recommendations for Traders:
- Review Holdings: Examine your portfolio for any exposure to the affected trading pairs and consider converting them to other active pairs.
- Stay Informed: Regularly check Binance's official announcements for updates on trading pair listings and delistings.
- Exercise Caution: Be cautious when trading pairs with low liquidity, as they can be subject to future delistings.
Binance's proactive approach in maintaining a robust trading environment underscores its commitment to user experience and market integrity.
#CryptoNews #Delisting #Cryptocurrency #Investing #DigitalAssets #CryptoMarket
Binance, the world's leading cryptocurrency exchange, has announced the delisting of 12 spot trading pairs, effective January 17, 2025, at 03:00 (UTC).
Affected Trading Pairs:
- BNX/BTC
- CATI/BNB
- CATI/BRL
- CHZ/FDUSD
- DOGS/BNB
- GTC/BTC
- HIGH/BTC
- LISTA/BRL
- NOT/BRL
- PIXEL/BTC
- TKO/BTC
- TWT/BTC
Reasons for Delisting:
Binance regularly reviews its listed trading pairs to ensure optimal liquidity and user experience. The decision to remove these pairs is primarily due to low trading activity, which can lead to reduced liquidity and wider spreads, adversely affecting traders.
Impact on Traders:
- Open Orders: All open orders on the affected pairs will be automatically canceled after the delisting.
- Asset Availability: The delisting of these trading pairs does not affect the availability of the underlying assets. Users can continue to trade the base and quote assets in other available pairs on Binance.
- Trading Bots: Users utilizing spot trading bots for these pairs should update or cancel their bots before the delisting to prevent potential losses.
Recommendations for Traders:
- Review Holdings: Examine your portfolio for any exposure to the affected trading pairs and consider converting them to other active pairs.
- Stay Informed: Regularly check Binance's official announcements for updates on trading pair listings and delistings.
- Exercise Caution: Be cautious when trading pairs with low liquidity, as they can be subject to future delistings.
Binance's proactive approach in maintaining a robust trading environment underscores its commitment to user experience and market integrity.
#CryptoNews #Delisting #Cryptocurrency #Investing #DigitalAssets #CryptoMarket
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$AI16Z Resistance areas keep eyes 👀
2.30-2.33
2.4
2.5
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2.30-2.33
2.4
2.5
also keep eyes on other Ai coins for example
1.2-1.3 bro
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