Binance to Delist Low-Liquidity Trading Pairs PEPE, DCR, and ZEN
Binance, the world’s largest cryptocurrency exchange, has announced plans to delist three low-liquidity trading pairs as part of its regular market reviews. This move aims to maintain high trading standards and ensure a better experience for users.
Details of the Delisting
In an official announcement on December 12, Binance confirmed that the following spot trading pairs will be delisted:
ZEN/ETH
The delisting is scheduled to take effect on December 13, 2024, at 03:00 (UTC).
Why Binance is Delisting Pairs
Binance periodically assesses trading pairs to ensure they meet its quality standards, including:
1. Liquidity: Low trading volume can impact market stability.
2. Market Demand: Tokens with limited activity fail to attract sustained interest.
In this case, the affected trading pairs showed notably low 24-hour trading volumes:
ZEN/ETH: 16.81 ETH
Important Note for Traders
Binance emphasized that the delisting of these pairs does not mean the tokens themselves (PEPE, DCR, ZEN) will be removed from the platform. Traders can still access the assets via other available trading pairs. Binance also advised users to cancel or update their spot trading bots before delisting to avoid potential losses.