Binance ends support for 8 spot trading pairs including CHR/ENJ on Dec. 12

Source
YM Lee

Summary

  • Binance said it will end support for eight spot trading pairs to manage liquidity and market quality.
  • This delisting will take effect from 12:00 PM on December 12 and was described as the result of a comprehensive review of various indicators, including trading volume.
  • The delisting of the trading pair does not mean the token itself is delisted, and it was noted that spot trading is possible through other pairs.
photo = Shutterstock
photo = Shutterstock

Global cryptocurrency exchange Binance has announced it will delist some trading pairs citing liquidity and market quality management. The measure will take effect from December 12 at 12:00 PM Korean time (03:00 UTC).

According to a Binance notice on the 10th (local time), the exchange decided to end support for a total of eight trading pairs that have shown weak trading activity through periodic monitoring: CHR/BTC, ENJ/BTC, HAEDAL/FDUSD, LISTA/BNB, POWR/BTC, PROVE/BNB, UMA/BTC, ZRX/BTC. Binance said it was "the result of a comprehensive review of various indicators, including liquidity and trading volume."

Binance said that the delisting of a trading pair does not mean the delisting of the token itself. Users can still trade spot through other trading pairs that support the same asset.

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YM Lee

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