Summary
- Binance said it will halt trading in 21 spot trading pairs, including BTC/UAH and COMP/BTC, at 08:00 on the 27th (UTC).
- Binance said it carries out delistings following regular reviews of spot trading pairs, considering multiple factors such as insufficient liquidity and low trading volume.
- The measure is limited to trading pairs, and users can continue trading the relevant digital assets via other supported trading pairs.
Global digital asset (cryptocurrency) exchange Binance is proceeding with the delisting of certain spot trading pairs.
According to a Binance notice on the 26th, Binance will halt trading in a total of 21 spot trading pairs—BTC/UAH, COMP/BTC, DASH/ETH, ETC/ETH, IO/BTC, LINEA/BNB, MINA/BTC, MMT/BNB, MOVE/BNB, OG/BTC, OGN/BTC, PLUME/BNB, PNUT/FDUSD, RUNE/ETH, SEI/FDUSD, SHIB/DOGE, STX/FDUSD, TIA/FDUSD, TON/BTC, VET/ETH, and YB/BNB—starting from 08:00 on the 27th (UTC; 17:00 Korea time).
Binance said it conducts periodic reviews of spot trading pairs, taking into account multiple factors such as insufficient liquidity and low trading volume, and may delist certain pairs based on the results.
The measure is limited to the trading pairs and will not affect whether the individual digital assets included in those pairs remain available for spot trading on Binance. Users can continue to trade the assets via other supported trading pairs.
In addition, Binance plans to terminate its spot trading bot services operating on those trading pairs at the same time. It advised users to stop their trading bots in advance or adjust settings to avoid losses from automatic settlement.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
