Key Points
- Binance just announced the removal of 4 spot trading pairs on September 13.
- The spot trading pairs to be removed are BAND/TRY, LSK/ETH, NTRN/BTC, PROM/BTC.
In an official announcement, Binance reveals plans to remove 4 spot trading pairs on September 13.
The exchange conducts periodic reviews of all the listed spot trading pairs and may decide to delist some of them due to multiple factors including poor liquidity and trading volume.
4 Spot Trading Pairs to be Removed
Binance decided to remove the following spot trading pairs on September 13 at 03:00 (UTC):
- BAND/TRY
- LSK/ETH
- NTRN/BTC
- PROM/BTC
Band Protocol (BAND) is a cross-chain data oracle platform that can take real-world data and supply it to on-chain applications, while also connecting APIs to smart contracts in order to facilitate the exchange of information between on-chain and off-chain data sources.
Band Protocol unlocks a range of new use cases for developers to explore which include the following:
- Sports
- Weather
- Random numbers
- Price feed data
Lisk (LSK) is an open-source blockchain app platform built for developers to have a more straightforward path into blockchain production. This provides users with a diverse and easy-to-use ecosystem with apps to explore.
Neutron (NTRN) is the most secure cross-chain smart contracting platform according to the team behind the project, and it combines the security of blockchains with cross-chain infrastructure.
Prom (PROM) is an advanced L2 solution designed to enhance the interoperability and efficiency of blockchain networks. By bridging multiple L1 networks, it addresses some of the most pressing challenges in the blockchain space:
- Scalability
- Speed
- Cross-chain communication
Important Details
In the official announcement, Binance also revealed that the delisting of a spot trading pair does not affect the availability of the tokens on Binance Spot.
Users can reportedly still trade the spot trading pair’s base and quote assets on other trading pairs that are still available on the exchange.
Also, Binance will terminate Spot Trading Bots services for the spot trading pairs mentioned above where this is applicable.
Users are strongly advised to update or/and cancel their Spot Trading Bots before the cessation of the Spot Trading Bots services in order to avoid any potential losses.
