Binance to Delist 8 Spot Trading Pairs Including ERA/BNB, MAGIC/USDC
Summary
- Binance said it will halt trading in eight spot pairs, including ERA/BNB and MAGIC/USDC, from 12 p.m. on July 31.
- Binance said it decided to delist the pairs after reviewing factors including trading liquidity and volume.
- Binance said the delisting does not mean support will end for those assets on its spot market, and that users can keep trading them through other pairs.
Forecast Trend Report by Period
Binance will delist several spot trading pairs.
According to a Binance notice released on July 28, the global cryptocurrency exchange will halt trading in eight spot pairs at noon Korea Standard Time on July 31: ERA/BNB, MAGIC/USDC, MASK/USDC, MOVE/TRY, MOVE/USDC, POL/BTC, STORJ/TRY and SUSHI/USDC.
Binance said it decided to remove the pairs after reviewing a range of factors, including liquidity and trading volume.
The delisting of those spot pairs does not mean Binance is ending support for the underlying tokens on its spot market. Users can continue trading those assets through other supported pairs on the exchange.
Binance will also terminate Spot Trading Bots services for those pairs at the same time. The exchange advised users to update or cancel their bots before the service ends to avoid potential losses.
TRY refers to the Turkish lira, a fiat currency, and not to any other digital asset.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.