Crypto Exchange Binance Announces Delisting of 4 Altcoin Trading Pairs!
In a recent announcement, cryptocurrency exchange Binance revealed that it will be removing and suspending trading on certain spot trading pairs. This move is part of Binance’s regular review process to maintain a high-quality trading environment.
The delisting is set to take place on October 25, 2024, at 06:00. The spot trading pairs that will be delisted are ALGO/FDUSD, CHR/ETH, DGB/BTC, and GMX/BTC.
It’s important to note that the removal of these pairs will not affect the availability of the underlying tokens on Binance Spot. Users will still be able to trade other listed trading pairs with ALGO, CHR, DGB, and GMX.
Additionally, Binance will be shutting down Spot Trading Bots for the affected pairs at the same time. Users are advised to update or cancel their bots to avoid any potential losses once the services are discontinued.
The decision to delist these trading pairs comes after Binance’s regular assessment of listed assets, which takes into consideration factors like liquidity, trading volume, and overall market conditions.
Binance encourages users to adjust their trading strategies accordingly and explore other available trading pairs for their investment needs.
Please note that this article does not provide investment advice.
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