**๐ฅ Binance Margin Delisting 17 Altcoin Pairs: What Crypto Researchers Say ๐๐ผ๐**
Binance, the world's largest cryptocurrency exchange, has announced that it will be delisting 17 altcoin pairs from its margin trading platform. The affected pairs are:
* AGLD/BUSD
* AKRO/BUSD
* BAND/BUSD
* CFX/BUSD
* CTSI/BUSD
* CVP/BUSD
* DUSK/BUSD
* FET/BUSD
* FXS/BUSD
* GAS/BUSD
* HIGH/BUSD
* PROM/BUSD
* PROS/BUSD
* SXP/BUSD
* WAVES/BUSD
* XEC/BUSD
* XVS/BUSD
Binance says that the delisting is due to "low trading volume and liquidity." This means that there is not enough interest in these pairs to make them viable for margin trading. ๐๐ฌ๐ผ
**What crypto researchers say** ๐ค๐๐
Crypto researchers have mixed opinions on the delisting. Some believe that it is a sign of a healthy market, as it shows that Binance is willing to remove coins that are not performing well. Others believe that the delisting is a negative development, as it reduces the number of altcoins available to trade on margin. ๐ซ๐๐
**What does this mean for investors?** ๐ฐ๐ค๐
If you are currently trading any of the affected pairs on margin, you will need to close your positions by 02.11.2023 09:00 (UTC). After this time, you will no longer be able to trade these pairs on margin.
If you are holding any of the affected coins, you can still trade them on other trading pairs available on Binance. However, you will no longer be able to use margin to amplify your gains. ๐๐๐
**Conclusion** ๐ง๐๐
The delisting of 17 altcoin pairs from Binance Margin is a significant development. It remains to be seen whether this is a sign of a healthy market or a negative development for investors. Only time will tell. ๐๐๐
**Disclaimer:**
This article is not financial advice. Always do your own research before making any investment decisions. ๐ซ๐๐ค
