Binance, The World’s Largest Cryptocurrency Exchange, announces it will delist 25t rading pairs from Spot Trading.

Binance, which is one of the leading names in the cryptocurrency market, announced on Wednesday, November 1st, that it has decided to delist 25 trading pairs from spot trading. The exchange made this decision to update and optimize its trading portfolio.

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The Pairs That Will Delist

The cryptocurrencies to be delisted include various cryptocurrencies such as PancakeSwap (CAKE), Compound (COMP), Curve (CRV), EOS (EOS), Bonfida (FIDA), FLOW (FLOW), Moonbeam (GLMR), The Graph (GRT), Hashflow (HFT), Internet Computer (ICP), SelfKey (KEY), Space ID (ID), Lido DAO (LDO), MagicLand (MAGIC), Mask Network (MASK), Maker (MKR), Multichain (MULTI), OG Fan Token (OG), Phoenix Global (PHB), Vulcan Forged (PYR), Santos Fan Token (SANTOS), Treshold (T), Uniswap (UNI), Monero (XMR) and Verge (XVG).

Binance also provided information about the removal times of these trading pairs. The exchange will remove the trading pairs CAKE/BUSD, COMP/BUSD, CRV/BUSD, EOS/BUSD, FIDA/BUSD, FLOW/BUSD, GLMR/BUSD, GRT/BUSD, HFT/BUSD, ICP/BUSD, KEY/BUSD, LDO/BUSD, and LEVER/BUSD from spot trading at 06.00 UTC time on 3 November. MAGIC/BUSD, MASK/BUSD, MKR/BUSD, MULTI/BUSD, OG/BUSD, PHB/BUSD, PYR/BUSD, SANTOS/BUSD, T/BUSD, UNI/BUSD, XMR/BUSD and XVG/BUSD trading pairs will stop trading starting at 08.00 on the same day.

The exchange emphasized that after these changes, users can continue to trade in other trading pairs on the platform for the respective assets. In addition, it advised investors using trading bots in the relevant trading pairs to cancel their trades to protect them from potential losses.

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Binance also encouraged users who are considering converting their BUSD assets into other cryptocurrencies, suggesting that they complete this conversion by February 2024. With these updates, Binance continues its policy of delisting 25-30 trading pairs almost every week and is progressing towards further optimizing its platform.

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