Binance Delists #SUI, #HMSTR, #BNT, #CYBER, and #AEUR Trading Pairs, Sparking Price Drops

In a surprising move, Binance has announced plans to delist several tokens from its platform's spot trading pairs on December 20, 2024.

Binance, a leading cryptocurrency exchange, has recently announced plans to delist several tokens from its platform’s spot trading pairs on December 20, 2024. The affected tokens are SUI, HMSTR, BNT, CYBER, and AEUR.

This decision is part of Binance’s regular review process to ensure the tokens listed on its platform meet its standards for liquidity and trading volume. If a token fails to meet these standards, it may be removed from the exchange.

In this case, Binance has decided to delist the following spot trading pairs:

BNT/ETH

CYBER/TUSD

EUR/AEUR

HMSTR/BNB

SUI/TUSD

According to the announcement, these changes will take effect on December 20, 2024, at 03:00 UTC. However, Binance assures users that these tokens will still be available for trading against other pairs on the platform.

Following Binance’s announcement, the prices of the affected tokens have already seen a decline. Hamster Kombat (HMSTR) saw a sharp 9% drop in just 24 hours, trading at $0.0030. At the same time, SUI (SUI) saw a 6% decrease.

Moreover, Bancor (BNT) and Cyber (CYBER) experienced 6% and 7% drops, respectively. Additionally, Anchored Coins (AEUR) saw an 8% decrease in its value.

This highlights the significant influence Binance has on the market, especially considering that the tokens are still available for trading on other pairs.

Furthermore, Binance also announced that Spot Trading Bots for the affected tokens will be discontinued after December 20, 2024. In light of this, users are advised to adjust their trading bots to avoid potential losses.