Binance to delist seven spot trading pairs including ALT/BNB

Source
Minseung Kang

Summary

  • Binance said it will suspend trading for seven spot trading pairs—ALT/BNB, ARB/TUSD, BNB/ARS, GALA/ETH, INJ/BNB, SOLV/FDUSD and XRP/TUSD—from 12:00 p.m. on April 2.
  • Binance said it conducts regular reviews of spot trading pairs, reflecting multiple factors such as insufficient liquidity and weak trading volume, and delists certain pairs based on the results.
  • The measure is limited to the trading pairs; users can continue trading the assets via other supported pairs, and spot trading bot services for the affected pairs will also end at the same time.

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Photo = Shutterstock
Photo = Shutterstock

Global digital asset (cryptocurrency) exchange Binance is delisting certain spot trading pairs.

According to a Binance notice on the 31st, Binance will suspend trading for a total of seven spot trading pairs—ALT/BNB, ARB/TUSD, BNB/ARS, GALA/ETH, INJ/BNB, SOLV/FDUSD and XRP/TUSD—from 12:00 p.m. (KST) on April 2.

Binance said it regularly reviews spot trading pairs, taking into account multiple factors such as insufficient liquidity and weak trading volume, and delists certain pairs based on the results.

The move is limited to the trading pairs and does not mean Binance will end spot trading support for the underlying tokens themselves. Users can continue to trade the assets via other supported pairs.

In addition, the spot trading bot services applied to the affected pairs will also be terminated at the same time.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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