To protect users and maintain a high-quality trading market, Binance periodically reviews listed spot trading pairs and may delist certain pairs based on factors such as low liquidity and trading volume.

Based on our latest review, Binance will remove and cease trading on the following spot trading pairs:

2025-02-14 03:00 (UTC):

• EDU/BTC
• REZ/BTC
• USTC/FDUSD

Please Note:

• The delisting of a spot trading pair does not affect the availability of the respective tokens on Binance Spot. Users can still trade the base and quote assets of the affected trading pairs through other available pairs on Binance.
• Binance will terminate Spot Trading Bot services for the aforementioned spot trading pairs at 2025-02-14 03:00 (UTC). To avoid potential losses, users are advised to update or cancel their Spot Trading Bots in advance.

Click here to register for Binance Exchange with a 20% commission discount

Why is Binance Important?

Binance remains one of the leading cryptocurrency exchanges by offering innovative solutions, a wide range of products, and a user-friendly interface. With strong liquidity, low trading fees, and an extensive selection of trading pairs, Binance enables investors to execute trades more efficiently and profitably.

The platform continuously lists new crypto assets, allowing investors to diversify their portfolios and gain early access to promising projects. At the same time, Binance upholds its reputation through robust security measures, regulatory compliance, and user-centric policies. By making strategic listing and delisting decisions, Binance ensures a healthier market environment while enhancing the overall trading experience for its users.

Also, feel free to share your thoughts in the comments. Besides, don’t forget to follow us on Telegram, YouTube, and Twitter for more analysis and updates.

The post Attention! Binance is Delisting These Spot Trading Pairs appeared first on Coin Engineer.

How Will BFUSD Work?

BFUSD will be held in UM wallets, with users receiving daily airdrops without needing to lock up their funds. The amount of BFUSD users can earn will depend on their VIP level on Binance. According to the official launch page, BFUSD will be used as collateral for futures trading.

The promise of high yields led some users to express doubts, drawing parallels with the failed Anchor protocol from Terra, which also promised high returns. In May 2022, UST lost its dollar peg, causing the entire Terra ecosystem to collapse, resulting in billions in losses.

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One user asked, “Are we repeating the same mistakes?” while another questioned the sustainability of the yields: “Are we the ones providing the yield?”

Why Binance is Confident in BFUSD

Binance defends BFUSD, stating that it complies with existing regulations and allows users to earn rewards without locking their assets. However, given past failures in the crypto world, promises of high returns are often met with skepticism.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Binance Clarifies BFUSD Isn’t a Stablecoin appeared first on Coin Engineer.

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After the latest LUNC burning process, LUNC and USTC prices increased by approximately 7%, starting the new year with a rise.

The price of LUNC has increased by approximately 8% in the last 24 hours and is currently trading at $0.00014480.

The price of USTC has also increased by approximately 8% in the last 24 hours, and it is currently trading at $0.03340404.

The post Binance has burned 5.57 billion Terra Luna Classic tokens! appeared first on Coin Engineer.

Binance will provide the opportunity to trade in the First Digital USD (FDUSD) pair to BLUR, SUPER, and USTC investors through these new trading pairs. At the same time, it will offer the opportunity to buy and sell in Turkish Lira (TRY) parity for DYDX and USTC cryptocurrencies.

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According to the announcement, from December 30 Turkish Time, investors will be able to trade on Binance with BLUR/FDUSD, DYDX/TRY, SUPER/FDUSD, USTC/FDUSD, and USTC/TR trading pairs.

According to data from CoinGecko in the last 24 hours, BLUR has seen a 9.5% increase at 0.535 dollars, DYDX with a 4.2% increase at 3.21 dollars, SUPER with an 8.8% increase at 0.403 dollars, and GFT with a 4.9% increase trading at 0.0450 dollars.

• Binance Exchange 20% Commission Discount Registration Link
• Binance Futures (Futures Transactions) Click to Trade with a 10% Discount

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The post Which Altcoins Are Being Listed by Binance? appeared first on Coin Engineer.

Binance Futures launched the USDⓈ-M USTC Perpetual Contract with up to 50x leverage. The maximum funding rate for the USTCUSDT Perpetual Contract launch was set at +2.00% / -2.00%. The funding fee is paid every four hours.

Qualified USD Margin Futures Liquidity providers can benefit from a 0.005% maker fee discount for transactions in the USTCUSDT Perpetual Contract for 14 to 15 days.

Binance may change the features of the USTCUSDT Perpetual Contract over time depending on market risk conditions. Also, these changes may include a funding fees, tick size, maximum leverage, initial margin, and maintenance margin requirements.

Multi-Asset Mode allows users to buy and sell the USTCUSDT Perpetual Contract across multiple collateral assets, subject to relevant margin deductions. For example, when Multi Asset Mode is enabled, users can use BTC as collateral while trading in the USTCUSDT Perpetual Contract.

Click here to open a commission-discounted account now if you don’t have a Binance Futures account!

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post Binance Futures Announces It Will List USTC! appeared first on Coin Engineer.

This rise was triggered by an update shared by Trader QT, known as X user and the Official Partner of Luna Classic Labs. According to this update, Terra Classic Labs, under the Treasury Reserve Policy, have bought a total of 25.6 million USTC. This transaction was made at an average of $0.021, totaling the cost to $500,000.

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After losing its target of 1 dollar stable in May 2022, USTC decided to use a different recovery model to revive its value. Terra Classic Labs by making this purchase, could have provided significant support for the stablecoin.

Terra Classic Labs, in addition to helping rebalance the Terra Classic brand, sees USTC as a stabilized liquidity source and plans to largely benefit from its return. USTC, after losing its stable status, has now become a mechanism where users can increase their assets as an investment asset.

When the average purchase price of the investment made by Terra Classic Labs’, $0.021, is exceeded, it can be seen that this rate has increased by 76.6%. So, Terra Classic Labs can see how quickly it gets the return on its investment.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Why Did USTC Rise? Will the Rise Continue? appeared first on Coin Engineer.

The Terra Classic community voted and accepted the halting for USTC ‘s minting with a 59% majority, considering it a significant step in addressing uncertainties that have recently affected the Terra Classic ecosystem.. About 40% of the community members, on the other hand, opposed the proposed change, reflecting differing viewpoints within the community.

The primary goal of halting USTC’s minting is to protect the interests of both the Terra Classic community and external investors. This step aims to facilitate the re-establishment of a stable linkage to the U.S. dollar by reducing the supply of USTC, thereby creating a more predictable and trustworthy environment for all stakeholders.

This crucial decision is one of the steps taken to build the Terra Classic ecosystem on a firmer foundation and reduce future uncertainties. Additionally the Terra Classic community will continue to contribute to the creation of a more stable financial environment with this change.

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Past Problems: USTC

The origin of this important decision by the Terra Classic community stems from an unexpected depreciation of TerraUSD Classic (USTC) against the U.S. dollar in May 2022. This unexpected event had widespread impacts on the Terra ecosystem and led to a serious crisis. Luna Classic (LUNC), tightly linked with USTC, bore the heaviest burden of this crisis.

Following the departure of USTC, the value of Luna Classic (LUNC) dropped almost 100% and caused shock waves in the crypto markets. The dramatic fall in the value of LUNC triggered a broader recess across cryptocurrencies, resulting in a considerable loss of about 40 billion dollars in total market value.

The proposal to halt the minting of USTC could have significant consequences for the crypto industry. In particular, it could encourage leading crypto exchanges to initiate the burning process of USTC tokens. These decisions are playing a crucial role for the future of Terra Classic project.

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The post Terra Community Voted for USTC appeared first on Coin Engineer.