Binance To Delist, Cease Trading On Six Spot Pairs

Binance announced that it would remove trading of some pairs on the spot market and launch new tokens.

According to the exchange, Binance will remove BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, and UNI/BNB pairs from the spot trading platform, with trading to be ceased on April 12.

“Binance conducts periodic reviews of all listed spot trading pairs and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume.”

Binance announcement

On April 11, Binance will add new trading pairs with the USD Coin (USDC) stablecoin: CKB/USDC, ENA/USDC, ETHFI/USDC, and YGG/USDC. Trading bot services will also appear with these pairs.

Binance has warned its clients to discontinue its trading bot services for the above trading pairs. Users should update or turn off their strategies to avoid possible financial loss.

Binance periodically removes and adds some trading pairs to its platform. Last month, the crypto exchange announced the delisting of five spot trading pairs, including TrueUSD (TUSD) and Binance Coin (BNB).

The Binance team clarified that excluding spot trading pairs from the listing does not affect the availability of the listed tokens on the Binance Spot platform, as users can still trade them with other assets on the platform.

In February, the company announced the delisting of several cryptocurrencies, including anonymous ones, including Monero (XMR).

In March, the following were removed from the platform due to “not meeting [Binance’s] strict criteria: Aragon (ANT), Multichain (MULTI), and Vai (VAI).