James Ding
Jul 17, 2024 09:50
Binance announces the removal of several spot trading pairs due to poor liquidity and trading volume, effective July 19, 2024.
In a recent announcement, Binance, a leading global cryptocurrency exchange, revealed plans to delist several spot trading pairs. This decision, effective from July 19, 2024, was made following a periodic review aimed at maintaining a high-quality trading market, according to Binance.
Reasons Behind the Delisting
Binance conducts regular assessments of its listed trading pairs to ensure optimal market conditions for its users. Factors such as poor liquidity and low trading volume often trigger the delisting process. These measures are part of Binance’s commitment to protect its users and enhance the overall trading experience on its platform.
Impact on Users
Users of the affected trading pairs are advised to take action before the termination date. Binance will discontinue its Spot Trading Bots services for these pairs at 03:00 (UTC) on July 19, 2024. To avoid potential losses, users should update or cancel their Spot Trading Bots prior to this time.
Additional Considerations
Binance cautions that there might be discrepancies in the translated versions of this announcement. For the most accurate information, users are encouraged to refer to the original English article. Moreover, Binance reserves the right to amend or cancel this announcement at any time without prior notice.
Disclaimer
Binance reminds users about the high market risk and price volatility associated with digital assets. The value of investments can fluctuate, and past performance is not indicative of future results. Users are responsible for their investment decisions and should consult financial advisors if necessary.
For more details, visit the official announcement.
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