The post Binance Delisting 5 Crypto Trading Pairs on Feb 21 2025 appeared on BitcoinEthereumNews.com.

Binance, one of the world’s largest cryptocurrency exchanges, is shaking up its trading platform once again. The exchange has announced the removal of five spot trading pairs as part of its regular market review. This change, set to take effect on February 21, 2025, at 03:00 (UTC) where applicable, is aimed at keeping the platform efficient and user-friendly. To mitigate the investor losses such actions are taken regularly by Binance Binance – [email protected] Centralised ExchangeCryptocurrenciesTrading AppCryptocurrency investment   Binance to Remove These Trading Pairs According to Binance, the affected spot trading pairs include, DOGS/BRL, FET/BRL, NEIRO/BRL, NEIRO/EUR, and NOT/EUR. Although these trading pairs will be removed, Binance has clarified that users can still trade these tokens through other active pairs on the platform. For instance, even if a pair like DOGS/BRL is delisted, users can continue trading DOGS and BRL using other available options. For traders using any of the affected pairs, this early notice allows ample time to adjust trading strategies and ensure a smooth transition before February 21st.  Fiat Clarification The exchange also clarified that BRL and EUR are fiat currencies and do not represent any digital assets. This means that while these specific pairs are being removed, the affected tokens can still be traded against other cryptocurrencies. Why Binance Removing the Pairs Binance is removing these trading pairs as part of its regular market reviews, likely due to low trading volume and liquidity. When activity is too low, trading becomes inefficient, affecting the overall market experience. While Binance didn’t specify the exact reason, the exchange regularly updates its offerings to ensure a smooth and effective trading environment, keeping only the most viable pairs available. This move aligns with Binance’s goal of maintaining a high-quality market for its users. Also Read :   Big News: Binance Rejects ‘Sale’…

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Filed under: News - @ February 19, 2025 6:24 am