Shiba

Token

Bitcoin

when

Shiba Inu

<figure>
 <figcaption>
  Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
<p dir="ltr">Binance exchange has once again conducted the periodic purging of its system through specific token delisting. As showcased in its latest&nbsp;<a href="https://www.binance.com/en/support/announcement/notice-of-removal-of-margin-trading-pairs-2024-07-08-b5a78d6af44848d5a4aa594e657f6754" rel="noopener noreferrer nofollow">announcement</a>, the latest trading pairs to leave the platform primarily feature Bitcoin.</p>
<h2 id="binance-delists-btc-pairs">Binance delists BTC pairs</h2>
<p dir="ltr">As Binance revealed, it will halt support for DGB/BTC, TLM/BTC on its Cross Margin market and DGB/BTC, TLM/BTC, VOXEL/BTC for the Isolated Margin offshoot. Per the announcement, Binance is set to delist these pairs from July 8.</p>
<p dir="ltr">Token delisting is a regular event by Binance, known as the biggest exchange in the crypto industry in terms of daily trading volume. Over the past few years, the trading platform has expanded its reach with the listing campaign of many token pairs.</p>
<p dir="ltr">While a listing at any point in time is based on market trends, the narrative changes over time. As a rule, for the platform, trading pairs are typically&nbsp;<a href="https://u.today/binance-to-delist-these-three-tokens" rel="noopener noreferrer nofollow">delisted</a> when their volume plunges below a demand threshold. Some assets may also be delisted based on regulatory considerations.</p>
<p dir="ltr">In line with these realities, Binance advised its users with active trades for the listed pairs to close their trades before the set deadline. The exchange confirmed that users who are unable to do this will have their trades settled automatically and deposit the balance in users' spot wallets.</p>
<h2 id="binance-dual-faced-market-support">Binance dual-faced market support</h2>
<p dir="ltr">There are several instances of Binance exchange listing and delisting unique token pairs as it is doubling down on maintaining its industry leadership.</p>
<p dir="ltr">While Binance has made several headlines with its delisting moves, the firm is generally known to complement delistings with the&nbsp;<a href="https://u.today/binance-announces-major-new-notcoin-not-and-dogwifhat-wif-listings" rel="noopener noreferrer nofollow">onboarding of other pairs</a>.</p>
<p dir="ltr">Per an earlier&nbsp;<a href="https://u.today/no-binance-is-not-delisting-shiba-inu-shib" rel="noopener noreferrer nofollow">U.Today report</a>, members of the Shiba Inu community were properly advised that the exchange has not delisted SHIB. This update comes following a circulating rumor attesting to these false claims after Binance announced the delisting of some SHIB trading pairs.</p>

Bitcoin (BTC) Pairs Targeted in New Binance Delisting: Details

Innholdsfortegnelse

U_Today

Andre artikler publisert på 5. juli 2024

Cardano is Dead? Charles Hoskinson Brutally Criticizes BitBoy Crypto!

GOMINING Token to be Listed on HTX Crypto Exchange

ElevenLabs debuts AI Voice Isolator to remove unwanted noises from recordings

According to this indicator, the biggest buying opportunity is in these eight altcoins!

Oil King Pepe Hits $10.8 Million, Prepares to Skyrocket Another 19,000% Before KuCoin Listing, as...

Is This Bad For Solana? $180 Million Transfer Raises Eyebrows

Bli med på vårt gratis nyhetsbrev for daglige kryptooppdateringer!