Binance Decides to Delist Four Altcoins Including Cardano!

Binance has announced the delisting of trading pairs such as ADA, AEVO, AST, and MANTA as of August 2. This change targets the decrease in liquidity and trading volume. Users can continue to trade other pairs instead of the delisted trading pairs. How does Binance affect the crypto market? Details and user recommendations here!

Binance has announced that it will delist four trading pairs, including ADA, AEVO, AST, and MANTA, as it waits for the markets to recover. The exchange stated that it made this decision with the aim of improving trading quality and ensuring liquidity. Since crypto exchanges’ listing and delisting decisions change frequently, this can affect the momentum of tokens in the market.

Binance Will Delist ADA and Other Trading Pairs

Binance announced that it will delist the ADA/TUSD, AEVO/BNB, AST/BTC, and MANTA/BNB trading pairs starting August 2. The exchange stated that it took this step in line with the need to provide its users with better quality trading markets. Usually, such a decision is made due to declines in liquidity and trading volume.

After the pairs are delisted, users can continue to trade ADA and other affected tokens through other pairs listed on the Binance platform. The exchange noted that trading bots will also be removed and users will be required to turn off their bots.

Market Improvement Comments

While many users are not in favor of the pairs being delisted, some believe that this step will contribute to improving the overall trading experience. Low liquidity can lead to price fluctuations and various issues for traders. The ADA community continues to trust the asset’s growing momentum and new partnerships on social media. On the other hand, Binance Labs continues to strengthen the crypto market by supporting new projects.