Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Due to issues with low trading volume and liquidity, Binance has announced that it will be delisting four spot trading pairs. The pairs ACE/FDUSD, FIL/BNB, OP/BNB and TRB/FDUSD are among those scheduled to be eliminated. On Oct. 4, 2024, at 3:00 a.m. UTC trading on these pairs will stop.
This is a further development in Binance’s continuous efforts to provide its users with a top-notch trading environment. Every spot trading pair listed on Binance’s platform is evaluated by the company as part of its routine reviews. Pairs may be delisted by the exchange if they perform poorly in areas like trading volume or liquidity.Â
This guarantees that users can access a healthy market with trading that is both active and efficient. Binance has made it clear that the tokens associated with these pairs will remain tradeable against other pairs even after they are eliminated.Â
Related
Users can trade ACE, FIL, OP and TRB, for example, against other listed quote currencies. At the same time, at 3:00 a.m. UTC on Oct. 4, Binance will stop providing its spot trading bots services for these pairs in addition to spot trading. It is highly recommended that users who are presently using these bots update or stop using them in order to protect themselves from any potential losses in the event that trading on these pairs stops.Â
This action is a component of Binance’s larger dedication to guaranteeing that its platform functions in the best possible market conditions. The exchange keeps a close eye on the performance of listed pairs and takes prompt action when any pair fails to live up to its standards.
