Binance, the largest crypto exchange globally, announced plans to delist three spot trading pairs. The delisting includes PEPE/TUSD, DCR/BTC, and ZEN/ETH spot trading pairs, effective Dec 13 at 03:00 UTC. The delisting will not affect the availability of the tokens on Binance Spot. However, Spot Trading Bots services will be terminated for these pairs at the same date and time.
Poor liquidity and low trading volume are the main factors for delisting spot trading pairs. At the time of writing, the trading volumes for the delisted pairs were low. Pepe, one of the delisted tokens, did not react negatively to the announcement and was trading up by 6.1% in the last 24 hours. Binance has previously influenced the price of crypto assets through listings and delistings.
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<p>The post Binance Delists Three Spot Trading Pairs Due to Poor Liquidity first appeared on CoinBuzzFeed.</p>
