Binance, a leading cryptocurrency exchange, has announced the removal of several spot trading pairs effective August 23, 2024, as part of its periodic reviews. This decision aims to protect users and maintain a high-quality trading market, according to Binance.
Spot Trading Pairs to be Removed
Binance will cease trading on the following pairs at 03:00 (UTC) on the specified date:
- ARKM/TUSD
- CHZ/EUR
- ENA/EUR
- FIRO/BTC
- IOTA/FDUSD
- JOE/TRY
- OMNI/BNB
- REZ/BNB
- SUPER/FDUSD
Impact on Spot Trading Bots
Binance will also terminate Spot Trading Bots services for the aforementioned pairs at the same time. Users are strongly advised to update or cancel their Spot Trading Bots before the cessation to avoid potential losses.
Reasons for Delisting
The exchange conducts periodic reviews of all listed spot trading pairs and may delist pairs due to various factors such as poor liquidity and low trading volume.
Additional Information
Binance has noted that there may be discrepancies in translated versions of the original announcement. Users are encouraged to refer to the English version for the most accurate information. The exchange reserves the right to amend or cancel the announcement at any time without prior notice.
Binance also reminds users about the high market risk and price volatility of digital assets. The value of investments can fluctuate, and past performance is not a reliable indicator of future performance. Users should make investment decisions based on their own understanding and risk tolerance.
Image source: Shutterstock