🔴Binance, the leading cryptocurrency exchange by trading volume, announced this morning that it will delist and cease trading on several spot trading pairs due to their failure to maintain high market quality. To protect users and ensure a high-quality trading environment, Binance conducts periodic reviews of all listed pairs, considering factors like liquidity and trading volume.🔊
Based on its latest review, Binance will remove and stop trading the following pairs on June 7, 2024, at 03:00 (UTC): ACE/BNB, DOT/TUSD, MAGIC/FDUSD, MEME/BNB, SAND/BNB, and XAI/TUSD.
🔴Key points to note:
- The delisting of these pairs does not affect the availability of the tokens themselves on Binance Spot. Users can still trade the base and quote assets on other available pairs on Binance.
- Binance will also terminate Spot Trading Bots services for these pairs at the same time. Users are advised to update or cancel their Spot Trading Bots before the termination to avoid potential losses.⚓