The leading cryptocurrency exchange has just revealed its plans to shake things up by removing certain trading pairs from the spot market and introducing a fresh batch of tokens.
According to some changes on the spot trading platform, BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, and UNI/BNB pairs will bid farewell and stop trading on April 12.
“Binance conducts periodic reviews of all listed spot trading pairs and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume.”
Binance announcement
On April 11, Binance is shaking things up with the introduction of four new trading pairs featuring the stablecoin USD Coin (USDC)! Get ready to trade like a pro with CKB/USDC, ENA/USDC, ETHFI/USDC, and YGG/USDC.
Binance is also rolling out trading bot services for these pairs, but with a warning to their clients. Don’t get caught off guard – Binance advises users to update or disable their strategies to avoid any potential financial mishaps.
Binance removes various trading pairs
The Binance shakes things up by periodically adding and removing trading pairs from its platform. Just last month, the exchange made a bold move by announcing the delisting of five spot trading pairs, including popular tokens like TrueUSD (TUSD) and Binance Coin (BNB). But don’t worry, this doesn’t mean the end for these tokens on Binance. The team clarified that they will still be available for trading with other assets on the platform.
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Amidst the chilly winter winds of February, the company sent shockwaves through the cryptocurrency world with their bold decision to delist a handful of anonymous currencies, including the elusive Monero (XMR).
And as the flowers began to bloom in March, the platform continued to make waves by removing Aragon (ANT), Multichain (MULTI), and Vai (VAI) for failing to meet their rigorous standards. It was a move that left many in the industry buzzing with speculation and intrigue.