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Cryptocurrency News Articles
Binance Delists 11 Spot Trading Pairs, Including ACE/BTC and ACM/TRY
Dec 25, 2024 at 03:00 am
Binance, the largest cryptocurrency exchange globally, has revealed it will be removing 11 spot trading pairs from its platform on December 27, 2024.
Binance, being the top cryptocurrency exchange in the world, has announced that it will be removing eleven spot trading pairs from its platform on December 27, 2024. This decision is a result of their continuous evaluation process, which aims to maintain efficiency and adapt to market shifts. The delisting is primarily driven by factors such as low liquidity and trading volume.
The affected pairs include ACE/BTC, ACM/TRY, BOME/BTC, DYM/BTC, MTL/TRY, PIXEL/BNB, PIXEL/FDUSD, QKC/BTC, RAD/BTC, REZ/FDUSD, and TUSD/TRY. It's important to note that users will still be able to trade the underlying tokens through other active pairs on Binance.
The projects behind these delisted pairs span a diverse range of sectors within the blockchain space. For instance, Fusionist (ACE) is a AAA blockchain game that utilizes advanced rendering technologies. AC Milan Fan Token (ACM) uniquely connects football fans with their team, and Book of Meme (BOME) presents a meme token on Solana.
Other projects include dYmension (DYM), a settlement layer in the Cosmos network, and Metal (MTL), a platform that rewards users for crypto-fiat conversions, which have also been impacted by these adjustments. Additionally, QuarkChain (QKC), Radworks (RAD), Renzo (REZ), and TrueUSD (TUSD) - a stablecoin pegged to the U.S. dollar - are also included in these delistings.
These adjustments serve to highlight Binance's dedication to maintaining a high-quality and user-friendly trading environment. By removing pairs that no longer meet their standards, the exchange aims to keep its platform competitive, ensuring it remains aligned with the evolving needs of its global user base.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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