Binance, the world’s largest cryptocurrency exchange, has announced the delisting of nine altcoin spot trading pairs effective August 23, 2024. The decision is part of the exchange’s ongoing efforts to maintain a high-quality trading environment by regularly assessing the liquidity and volume of its listed pairs.
The affected pairs include: ARKM/TUSD, CHZ/EUR, ENA/EUR, FIRO/BTC, IOTA/FDUSD, JOE/TRY, OMNI/BNB, REZ/BNB, and SUPER/FDUSD. Binance stated that these pairs were delisted due to low liquidity and volume, which can negatively impact the trading experience for users.
Users who are currently trading these pairs are advised to adjust their strategies and cancel or update any automated trades to avoid potential losses. While the delisting affects these specific pairs, the individual tokens themselves will remain available for trading on other pairs on the Binance platform.
To mitigate the impact of the delisting, Binance has also announced the introduction of new trading pairs and bot services for popular cryptocurrencies such as DOGE, MATIC, AAVE, NEAR, and TON. This is part of the exchange’s commitment to providing a diverse range of trading options to its users.
Additionally, Binance has listed Dogs (DOGS) as the 57th project on its launchpool. The Ton-based meme coin will be available for trading on August 26, 2024, in four trading pairs: USDT, BNB, FDUSD, and TRY. Users will also have the opportunity to stake their BNB and FDUSD to farm DOGS tokens before the official trading launch.
Binance’s recent actions demonstrate its ongoing commitment to maintaining a healthy and secure trading environment for its users. By regularly assessing the liquidity and volume of its listed pairs, Binance is able to identify and remove those that are no longer viable, protecting users from potential risks.
