Binance to Remove 9 Spot Trading Pairs on August 23

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Cryptodnes2024/08/21 20:27

By:Cryptodnes

Binance, the world's largest cryptocurrency exchange, has announced the delisting of nine spot trading pairs including the following cryptocurrencies: ARKM, CHZ, ENA, FIRO, IOTA, JOE, OMNI, REZ and SUPER.

These pairs will be removed from trading opportunities against fiat and crypto pairs, such as TUSD, EUR, BTC , FDUSD, TRY and BNB , as of August 23 at 06:00 CET. However, the affected tokens will still be available for trading via other pairs on the platform.

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The delisting decision is part of Binance’s ongoing efforts to improve trading quality and market efficiency. The exchange regularly reviews trading pairs, focusing on liquidity and volume, and removes those that do not meet its standards to protect users and maintain a high-quality trading environment.

The move has sparked reactions in the crypto community, with some price volatility being seen as traders adjust their strategies. Binance advises users to review and possibly adjust their trading strategies, especially those using automated bots, as spot trading bot services for these pairs will also be discontinued.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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