Binance.US, one of the leading cryptocurrency exchanges in the United States, has announced the removal of select USD advanced trading pairs as part of its transition to a crypto-only exchange. Effective July 13, 2023, at 8 p.m. PDT / 11 p.m. EDT, the following advanced trading pairs will be removed and cease trading: ADA/USD, BNB/USD, BTC/USD, ETH/USD, LTC/USD, MATIC/USD, SOL/USD, USDC/USD, VET/USD.
It's important to note that trading for USD will still be available on the USDT/USD advanced trading pair. Additionally, trading for over 150 cryptocurrencies will continue to be accessible through the advanced trading interface via USDT pairs. Some cryptocurrencies may also support trading with #BTC BUSD, DAI, or TUSD.
Binance.US assures users that they can still engage in various activities with USD, including buying, selling, and converting cryptocurrencies. Users can use USD to buy and sell 21 different cryptocurrencies or freely convert between 20 cryptocurrencies and USD.
To ensure a smooth transition, #Binance.US advises users to carefully review their trades and either execute or cancel any open orders on the impacted advanced trading pairs before the removal takes effect.
This move by Binance.US aligns with the broader industry trend of focusing on cryptocurrency trading and streamlining offerings. By removing select USD advanced trading pairs, the exchange aims to optimize its services and provide a more efficient and tailored trading experience for its users.
As the cryptocurrency market continues to evolve, it is crucial for traders and investors to stay updated on platform changes and adjust their trading strategies accordingly. Binance.US's commitment to delivering a seamless transition and maintaining a diverse range of cryptocurrency trading options demonstrates its dedication to meeting the evolving needs of its users. #GOATMoments #Binance