Binance, the world’s leading crypto trading platform has delisted several spot trading pairs concerning Bitcoin (BTC), Ethereum (ETH)BBNB, Floki Inu (FLOKI), and others. Recently, to safeguard users and uphold trading market standards, Binance has undertaken a comprehensive review of its listed spot trading pairs. As a result, several pairs are set to be delisted on January 12, 2024, at 03:00 a.m. UTC.

Also Read: Binance Futures Launches Deposit And Trade USDC Campaign With $170K In Rewards

List of Binance Spot Trading Pairs To Be Delisted

According to Binance’s announcement, the spot trading pairs slated for removal from Binance include:

CITY/BTC
COS/BNB
COTI/BNB
FLOKI/TUSD
FUN/BNB
HIFI/ETH
LTC/UAH
MULTI/BTC
PSG/BTC

This decision stems from factors such as poor liquidity and trading volume. Importantly, the removal of a spot trading pair won’t impact token availability on Binance Spot. Hence, users will still be able to engage in trading the concerned cryptocurrencies via other available pairs.

However, the platform will cease Spot Trading Bots services for the aforementioned pairs at the same date and time. Therefore, the platform urges users to update or cancel their Spot Trading Bots in advance to mitigate potential losses.

Recent Spot Trading Additions

While major trading pairs have been delisted from Binance, new additions have been made in the spot trading arena. The move was taken to expand the number of trading choices on the platform to elevate user experience. According to a recent update, three new Binance spot trading pairs will be active from January 11, 2024, at 08:00 a.m. UTC. Thereafter, traders would be able to trade via SKL/TRY, STX/FDUSD, and TIA/FDUSD pairs.

Furthermore, Binance is set to enhance its Trading Bots services. Apart from the new listings, Trading Bots services will be activated for AI/USDT and NFP/USDT pairs. Additionally, users can leverage Spot Algo Orders for SKL/TRY, STX/FDUSD, and TIA/FDUSD pairs.

In addition, the crypto exchange made a notable declaration for FDUSD spot traders. It noted that there will be ‘zero’ maker fees on all FDUSD trading pairs unless stated otherwise.

Also Read: Binance Lists Gaming Token XAI, Price Rallies 7%

The post Binance Delists BTC, ETH, BNB, LTC, FLOKI Spot Trading Pairs appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am