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Cryptocurrency News Articles

Binance Cuts 11 Spot Trading Pairs, Including ACE/BTC and ACM/TRY, as Part of Regular Review

Dec 24, 2024 at 06:04 pm

The delistings will take effect on Deс. 27, 2024. This is just Binance keeping up their end of things, making sure their platform is top-notch

Binance Cuts 11 Spot Trading Pairs, Including ACE/BTC and ACM/TRY, as Part of Regular Review

Binance, the world's largest cryptocurrency exchange, has announced that it will be delisting 11 spot trading pairs as part of its regular review process. The pairs will be delisted on December 27, 2024.

The affected pairs are:

* ACE/BTC

* ACM/TRY

* BOME/BTC

* DYM/BTC

* MTL/TRY

* PIXEL/BNB

* PIXEL/FDUSD

* QKC/BTC

* RAD/BTC

* REZ/FDUSD

* TUSD/TRY

Binance reviews its spot trading pairs regularly to ensure that they meet the exchange's standards and the needs of its users. Pairs that do not meet these standards may be delisted.

In this case, the pairs being delisted have all seen low liquidity and trading volume over an extended period. This lack of activity has made it difficult for users to trade these pairs efficiently.

Despite the delistings, users will still be able to trade the underlying tokens through other pairs on Binance's platform.

The projects impacted by the delisting span diverse sectors within the blockchain ecosystem. Some of the more well-known projects include Fusionist (ACE), AC Milan Fan Token (ACM), Book of Meme (BOME), dYmension (DYM), Metal (MTL), Pixels and QuarkChain (QKC).

This move by Binance highlights the exchange's commitment to maintaining a robust and user-friendly trading environment. By delisting pairs that do not meet its standards, Binance aims to ensure that its platform remains competitive and fully aligned with the needs of its global user base.

News source:u.today

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Other articles published on Dec 25, 2024