Binance, one of the world’s leading cryptocurrency exchanges, has recently announced its decision to remove four spot trading pairs from its platform. The affected pairs include ADA/TUSD, AEVO/BNB, AST/BTC, and MANTA/BNB, with the delisting set to take effect at 03:00 UTC on August 2, 2024.
In a notice issued by Binance, the exchange explained that the removal of these trading pairs is part of its ongoing efforts to maintain a high-quality trading market and protect its users. Binance regularly reviews its listed pairs to ensure liquidity and trading volume meet its standards, delisting any pairs that fall short to improve overall market performance.
Despite the delisting of these specific trading pairs, Binance reassured traders that the individual tokens within them will still be tradable on the platform. Users can find and trade these tokens under alternative pairs available on Binance, as the exchange’s periodic review process aims to keep only the most active and liquid trading pairs on the platform.
Additionally, Binance issued a warning to traders using Spot Trading Bots services for the delisted pairs, advising them to take immediate action as the bots will be terminated simultaneously with the delisting. Updating or canceling the bots can help prevent potential losses or disruptions following the delisting.
While the delisting of trading pairs may disappoint some users, Binance emphasized that these efforts are necessary to maintain market integrity and prevent price distortions caused by low liquidity pairs. The exchange remains committed to providing a secure and high-quality trading environment for its users, with a focus on supporting the overall crypto market and empowering new projects.
In July alone, Binance has issued multiple notices about delisting trading pairs, demonstrating its dedication to ensuring a robust and efficient trading experience for its users. Traders are encouraged to stay informed about any upcoming changes on the platform and take necessary actions to adapt to the evolving market conditions.