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BRAKING NEWS ALERT 🚨‼️🚨‼️🚨

BINANCE REMOVAL ALERT 🚨 DELISTING ALERT

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Binance to Remove MATIC, AVAX, and VOXEL Trading Pairs

MATIC, AVAX, and VOXEL trading pairs are set to be delisted from Binance.

Binance has recently announced its decision to remove specific trading pairs for Polygon (MATIC), Avalanche (AVAX), and Voxies (VOXEL) as part of its routine market evaluation process. Effective July 26, the exchange will discontinue the $AVAX /TUSD, $MATIC /TUSD, and $VOXEL /BTC trading pairs. This move aligns with Binance’s ongoing commitment to maintaining a robust and high-quality trading environment.

Important Notice for Binance Users

Following the delisting, users will no longer be able to trade these pairs directly on Binance. It’s advisable for those holding any of these pairs to take appropriate action ahead of the delisting date. While these specific pairs will no longer be available, it’s important to note that the tokens themselves remain tradable on Binance through other available pairs in the Spot market. Binance has also advised users to cancel any spot trading bots linked to these pairs by July 26 as a precaution.

This announcement comes on the heels of Binance’s recent decision to delist other trading pairs, including BarnBridge (BOND), DOCK, MDX, and POLS, due to factors such as low liquidity, network security concerns, and insufficient trading volumes.

Impact of Delisting on Investors

The delisting news has led to minor losses for some investors holding MATIC, AVAX, and VOXEL on Binance. In the wake of the announcement, the prices of these tokens have experienced declines. AVAX, for instance, has dropped by 1.2% over the past day, trading at $30.15. MATIC has also seen a 2.22% decrease, now trading at $0.5367. VOXEL, in particular, has been hit harder, with its price dropping by 8.3% in the last 24 hours to $0.1508.

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🚨 🚨 Removal NOTICE 🚨🚨

Dear Binance Users

In our commitment to safeguarding user interests and ensuring a robust trading environment, Binance periodically reviews all listed spot trading pairs. From time to time, certain pairs are delisted due to factors such as low liquidity and minimal trading volume.

Following our latest review, Binance will delist and cease trading for the following spot trading pairs on August 2, 2024, at 03:00 (UTC):

ADA/TUSD, AEVO/BNB, AST/BTC, and MANTA/BNB.

Important Notes:

The removal of these trading pairs will not impact the availability of the individual tokens on Binance Spot. Users can continue trading the base and quote assets of these pairs through other available trading pairs on Binance.

Additionally, Binance will terminate the Spot Trading Bots services for the affected trading pairs at the specified time. Users are advised to update or cancel their Spot Trading Bots before the cessation to prevent any potential losses.

For the most accurate and up-to-date information, please refer to this original English version of the announcement.

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