Binance, the world's biggest crypto exchanges, just announced that it' is cutting 11 spot trading pairs as part of its regular review process. The delistings will take effect on Deс. 27, 2024. This is justBinance keeping up their end of things, making sure their platform is top-notch, adapting to market conditions and dealing with issues like low liquidity and trading volume.
The affected pairs are: ACE/BTC, ACM/TRY, BOME/BTC, DYM/BTC, MTL/TRY, PIXEL/BNB, PIXEL/FDUSD, QKC/BTC, RAD/BTC, REZ/FDUSD and TUSD/TRY. Even though these trading pairs are being removed, you will still be able to trade the underlying tokens through other pairs on Binance's platform.
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Projects impacted by the delisting span diverse sectors within the blockchain ecosystem. Among them is Fusionist (ACE), a blockchain-based AAA game utilizing the Unity engine and advanced rendering technologies. The AC Milan Fan Token (ACM) provides fans with an interactive way to engage with their favorite football club.
Book of Meme (BOME), ameme token on Solana, has pioneered innovative token launch strategies, while dYmension (DYM) serves as a modular settlement layer within the Cosmos ecosystem.
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Other notable projects include Metal (MTL), a payment-focused platform that rewards users for converting fiat to crypto, and Pixels, a blockchain-based farming and exploration game.
Infrastructure-focused projects such as QuarkChain (QKC), Radworks (RAD) and Renzo (REZ) highlight the breadth of functionality across the delisted pairs. True USD (TUSD), a stablecoin pegged to the U.S. dollar, also features among the affected pairs.
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These moves show thatBinance is focused on keeping a solid and easy-to-use trading environment. By delisting pairs that do not meet its standards, the exchange aims to ensure its platform remains competitive and aligned with market needs, benefiting its global user base.