#Binance Removals vs Delistings: What You Need to Know! ๐คท
Ever seen a Binance notice about "Removal of Spot Trading Pairs" and panicked? Hold on, ๐๐ค it's not the same as a delisting (even though Binance uses "delisting" sometimes, which can be confusing!). ๐ซ
Here's the deal: ๐ป๐๐
๐ Removal (or sometimes called "delisting" by Binance): This is about keeping the trading market healthy. If a trading pair has low volume and nobody's buying/selling, it might get removed. Important note: This doesn't mean the tokens themselves are gone! You can still trade the individual tokens (base and quote) on other pairs available on Binance.
โ๏ธ True Delisting: This is when things get serious. Imagine kicking a token out of the club entirely. This happens if a token doesn't meet Binance's standards anymore, or the whole crypto world changes (we wrote an article about this, check it out!). If a token gets delisted, you can't trade it or use it on Binance AT ALL.
Recent Example: ๐๐ On June 26, Binance announced the removal of 7 trading pairs (like $METIS /FDUSD, $LINK /TUSD). This doesn't mean #LINK or #METIS are disappearing! You can still trade them just fine on other pairs. ๐
Don't freak out every time you see "removal." Understand the difference and stay informed! #Cryptocurrency #Delistings
