Secure

Standard

Spot

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/binance-announces-spot-trading-pair-removals-to-secure-trading-operations" rel="noopener noreferrer nofollow">Binance Announces Spot Trading Pair Removals to Secure Trading Operations</a><br></p>
<p style="text-align: justify">Binance, the world’s top <a href="https://en.bitcoinhaber.net/recent-shifts-in-digital-asset-investment-flows" rel="noopener noreferrer nofollow">cryptocurrency</a> exchange by volume, is set to remove a selection of its spot trading pairs. This action is part of an ongoing initiative to safeguard users and ensure a premium trading experience. The exchange routinely assesses and eliminates pairs that fail to meet its rigorous standards.</p>
<h2 id="five-trading-pairs-no-longer-supported">Five Trading Pairs No Longer Supported</h2>
<p style="text-align: justify">The exchange has declared that come March 1, 2024, at 6:00 AM (Turkish Standard Time), it will cease trading for five specific pairs: ALPINE/EUR, GMT/<a href="https://en.bitcoinhaber.net/binance-coin-traders-on-edge-as-liquidation-threat-looms" rel="noopener noreferrer nofollow">BNB</a>, LAZIO/EUR, POLS/BNB, and PORTO/EUR. This decision stems from the low liquidity and trade volume of these pairs, which can undermine a user’s trading experience.</p>
<p style="text-align: justify">Despite the removal of these pairs, traders will still have the opportunity to trade the relevant individual cryptocurrencies in other available pairs on Binance’s platform. The delisting is specific to the named spot trading pairs and does not imply the removal of the underlying cryptocurrencies from the exchange.</p>
<h2 id="termination-of-spot-trading-bot-services">Termination of Spot Trading Bot Services</h2>
<p style="text-align: justify">Alongside the delisting, Binance will also discontinue the Spot Trading Bot services for these pairs. The exchange has advised users to deactivate or adjust their trading bots accordingly to prevent potential losses resulting from the cessation of these bot services.</p>
<p style="text-align: justify">These delisting events, while relatively routine in the volatile crypto market, serve as a reminder to investors to stay vigilant and adapt their trading strategies in response to the evolving landscape of <a href="https://en.bitcoinhaber.net/south-koreas-bithumb-flexes-market-muscle-against-upbit" rel="noopener noreferrer nofollow">cryptocurrency exchanges</a>. Binance’s commitment to a frictionless trading experience drives such decisions, ensuring that users trade with confidence.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/binance-announces-spot-trading-pair-removals-to-secure-trading-operations" rel="noopener noreferrer nofollow">Binance Announces Spot Trading Pair Removals to Secure Trading Operations</a></h5>

Binance Announces Spot Trading Pair Removals to Secure Trading Operations

Table of Contents

BH NEWS

Other articles published on Feb 28, 2024

Ripple President Breaks Silence on Latest XRP Ledger Game-Changing Move

Blockchain startup Initia raises $7.5m to build ‘network for interwoven rollups’

Another Listing Announcement from Bitcoin Exchange Bybit!

Bitmain Enhances Hydro-Cooling Mining with ANTRACK Spot Sale

BlackRock’s spot Bitcoin ETF hits a new record trading volume: Will crypto trading volume soar hi...

Bitcoin Fast Approaching $60,000 As BTC F&G Index Hits ‘Extreme Greed’ – Details

Join our free newsletter for daily crypto updates!