<p>Binance has announced that it will delist a total of seven spot trading pairs from its platform as of June 12 at 03:00 UTC. Among the pairs affected are ADA/BNB for <a href="https://en.coin-turk.com/cardano-ada-coin-price-prediction-will-it-double-in-value/" rel="noopener noreferrer nofollow">Cardano</a> and NIGHT/BNB for Midnight, in addition to DUSK/BTC, EGLD/ETH, ENSO/BNB, LSK/USDC, and S/BNB. The move has sparked renewed focus in the crypto community as investors and traders assess potential impacts on both liquidity and their current holdings.</p>
<h2 id="multiple-trading-pairs-targeted-for-removal">Multiple trading pairs targeted for removal</h2>
<p>The exchange’s statement highlights that trading activities for all pairs associated with Cardano, Dusk, MultiversX, Enso, Lisk, Midnight, and S will cease on June 12 at 03:00 UTC. Specifically, trading will be discontinued for ADA/BNB, DUSK/BTC, EGLD/ETH, ENSO/BNB, LSK/USDC, NIGHT/BNB, and S/BNB. Investors trading these pairs should take immediate notice and prepare accordingly.</p>
<p>Binance emphasized its routine practice of reviewing all spot pairs on the platform, pointing to factors such as low liquidity and reduced trading volume as primary reasons for removing these pairs. The exchange asserts that these reviews aim to protect users and ensure the overall quality of the trading environment remains high.</p>
<blockquote>
 <p>According to Binance, periodic evaluations of listed spot trading pairs can result in some being removed due to low liquidity and weak trading activity.</p>
</blockquote>
<h2 id="spotlight-on-midnight-s-delisting-after-recent-listing">Spotlight on Midnight’s delisting after recent listing</h2>
<p>One of the most notable changes is the removal of the NIGHT/BNB pair. Midnight’s token NIGHT was listed on Binance as recently as March, with several spot pairings offered, including NIGHT/USDT, NIGHT/USDC, NIGHT/BNB, and NIGHT/TRY. With the latest update, the NIGHT/BNB pair will now be deactivated, representing a significant shift for those following this new project.</p>
<p>Midnight is recognized for its privacy-focused blockchain initiative within the Cardano ecosystem. The project’s NIGHT token was initially introduced to the market through various pairs on Binance, making this delisting a key development for the project’s supporters.</p>
<h2 id="trading-bot-services-will-also-be-terminated">Trading bot services will also be terminated</h2>
<p>With the removal of these trading pairs, Binance will simultaneously halt all related spot trading bot services at the specified time and date. This affects ADA/BNB, DUSK/BTC, EGLD/ETH, ENSO/BNB, LSK/USDC, NIGHT/BNB, and S/BNB. Binance has urged users to update or cancel their trading bots to avoid potential losses or disruptions.</p>
<p>The announcement underscores the importance of making necessary adjustments before bot services are deactivated. Binance strongly recommends that users double-check their automated strategies and open positions ahead of the scheduled changes to minimize risk.</p>
<h2 id="parallel-action-for-margin-and-loan-markets">Parallel action for margin and loan markets</h2>
<p>On the same day, Binance will also implement removal processes for certain margin and loan trading pairs. According to the latest update, all margin trading pairs involving XNO, IQ, QUICK, and DGB will be delisted at 03:00 UTC on June 12, and margin trading for these assets will be halted.</p>
<p>As a result, June 12 emerges as a pivotal date for the Binance platform, set to affect a wide range of crypto assets on both the spot and margin markets. The exchange has specifically advised affected users to review their active trades and open positions before the stated deadline to avoid unwanted consequences.</p>
<p>The post <a href="https://en.coin-turk.com/seven-spot-trading-pairs-will-be-delisted-from-binance-on-june-12-what-do-investors-need-to-pay-attention-to-now/" rel="noopener noreferrer nofollow">Seven spot trading pairs will be delisted from Binance on June 12! What do investors need to pay attention to now?</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Seven spot trading pairs will be delisted from Binance on June 12! What do investors need to pay attention to now?

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