Binance Delisting Multiple Spot Trading Pairs: Impact and Details
Binance to Delist Multiple Spot Trading Pairs Including SHIB/TUSD and LINK/TUSD
In a recent announcement, Binance, one of the leading cryptocurrency exchanges, has made the decision to delist several spot trading pairs as part of its periodic review process aimed at maintaining a high-quality trading market. The delisting is a result of various factors, including poor liquidity and trading volume.
Effective from June 28, 2024, at 03:00 (UTC), the following spot trading pairs will be removed from Binance’s platform, and trading will cease: BLUR/FDUSD, LINK/TUSD, MEME/ETH, METIS/FDUSD, NFP/BNB, OSMO/BTC, and SHIB/TUSD.
In addition to delisting these trading pairs, Binance will also terminate Spot Trading Bots services for the listed pairs at the same time. Users are advised to update or cancel their Spot Trading Bots before the cessation to avoid any potential losses.
It is important to note that there may be discrepancies in the translated versions of this announcement. Users are encouraged to refer to the original English version for the most accurate information.
For more details, users can visit the official announcement on Binance’s website. Binance reserves the right to amend or cancel this announcement at any time without prior notice.
Furthermore, starting from June 30, 2024, unauthorized stablecoins will be subject to certain restrictions for EEA (European Economic Area) users in compliance with MiCA requirements.
Users are reminded that digital asset prices are highly volatile and subject to market risks. Investments in digital assets may result in losses, and users should consult an independent financial adviser before making any investment decisions. For more information, users can refer to Binance’s Terms of Use and Risk Warning.
Overall, Binance’s decision to delist these spot trading pairs reflects its commitment to maintaining a high-quality trading environment for its users. Stay updated for more developments in the cryptocurrency market.
