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In a recent move, Binance, one of the largest cryptocurrency exchanges globally, announced the discontinuation of specific trading pairs for Bitcoin and several altcoins. This decision is part of the exchange’s efforts to enhance user safety and ensure a robust trading environment. The factors influencing this choice include liquidity challenges, diminished trading volumes, and the need for regulatory adherence, prompting the removal of four trading pairs soon.
What Are the Affected Trading Pairs?
The pairs set for removal include GALA/BNB and PERP/BTC, effective March 28, 2025, at 06:00 TRT. Users are encouraged to review their holdings in these pairs prior to this date, as associated spot trading bots will also be deactivated. Investors utilizing these bots need to update or shut them down to prevent unforeseen losses.
Which Other Pairs Will Be Removed?
Additionally, the trading pairs USDT/CZK and USDT/RON will cease on April 1, 2025, at 02:59 TRT. Binance clarified that these pairs involve fiat currencies and do not relate to any cryptocurrencies. However, users can continue trading the underlying assets through other pairs available on the platform.
Binance has urged users to pay attention to the spot trading bots affected by these removals, as they will be halted on the specified dates. Regular monitoring of trading status is essential to safeguard investments and minimize potential losses.
- Trading pairs GALA/BNB and PERP/BTC will be removed on March 28, 2025.
- Pairs USDT/CZK and USDT/RON will follow on April 1, 2025.
- Users should adjust or close trading bots linked to removed pairs.
- Trading of related assets remains available through other pairs on Binance.
The removal of these trading pairs will not limit the overall cryptocurrency options on Binance, as users can still access alternative trading avenues to buy and sell associated assets. The platform continues to prioritize user interests while navigating regulatory landscapes.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
