BUSD

Spot

<a href="https://en.coin-turk.com/breaking-news-binance-faces-regulators/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance</a> regularly evaluates all spot trading pairs listed on its platform with a commitment to user protection and maintaining a secure trading environment. Periodic reviews are conducted to ensure high liquidity and trading volume standards. Following the latest evaluations, Binance has decided to delist certain spot trading pairs from its list, effective from 06:00 on November 24, 2023 (Turkey time).
<h2 style="text-align: justify" id="delisted-major-altcoin-trading-pairs">Delisted Major Altcoin Trading Pairs</h2>
In the dynamic world of cryptocurrencies, both Binance’s listings and delisting announcements draw attention. Recently, Binance has been delisting BUSD-based trading pairs, as it plans to completely end the use of BUSD by February 2024. In this context, the exchange is gradually preparing its customers for this transition. In the announcement made by <a href="https://coin-turk.com/binance-ceosu-changpeng-zhao-istifa-etti-iste-o-paylasim-ve-mahkeme-sonrasi-cznin-durumu" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">Binance</a>, it was stated that the following spot trading pairs will be removed and trading will be halted. The affected trading pairs are as follows:
<ul style="text-align: justify">
 <li>APT/BUSD</li>
 <li>AXS/BUSD</li>
 <li>BAKE/BUSD</li>
 <li>CFX/BUSD</li>
 <li><a href="https://en.coin-turk.com/chiliz-the-future-of-fan-tokens-and-its-potential-for-growth/" data-wpel-link="internal" rel="noopener noreferrer nofollow">CHZ</a>/BUSD</li>
 <li>ETC/BUSD</li>
 <li>FIL/BUSD</li>
 <li>GAS/BUSD</li>
 <li>TRB/BUSD</li>
 <li>USTC/BUSD</li>
</ul>
<img decoding="async" class="wp-image-277425 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/11/binance-altcoin-cointurk.jpeg" alt="Binance cointurk" width="1200" height="675">
It should be noted that delisting the spot trading pairs does not affect the presence of tokens on Binance Spot. Users can continue to buy and sell the affected altcoin trading pairs in alternative trading pairs available on the Binance platform.
<h2 style="text-align: justify" id="termination-of-spot-trading-bots-service">Termination of Spot Trading Bots Service</h2>
<a href="https://coin-turk.com/abdnin-binance-aciklamasi-sonrasi-bitcoin-ve-altcoinlerde-son-durum" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">Binance</a> also announced that the Spot Trading Bots service for the aforementioned spot trading pairs will be terminated at 06:00 on November 24, 2023 (Turkey time). To avoid potential losses, the exchange requested users to update or cancel their Spot Trading Bots before the service is discontinued. Users holding BUSD assets related to delisted altcoin trading pairs are encouraged to convert them to alternative assets available on Binance before February 2024.
<img decoding="async" class="alignnone wp-image-241656 size-full" src="https://coin-turk.com/wp-content/uploads/2023/08/binance-usd-busd-nedir-coin-turk-com.png" alt="busd cointurk" width="1600" height="900">
As part of this transition, the conversion of BUSD balances to the stablecoin FDUSD is offered with zero transaction fees. Alternatively, users can use the conversion portal to convert their <a href="https://coin-turk.com/dunyaca-unlu-on-chain-analistten-sevindiren-bitcoin-yorumu-2021de-bitcoini-yanlis-anlamisiz-hizli-toparlanabilir" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">BUSD</a> balances to FDUSD. In conclusion, these strategic measures taken by Binance aim to optimize the trading quality and overall user experience on the platform. Users are advised to be informed and take the necessary steps as specified to ensure a smooth transition in light of these changes. Continue Reading: <a href="https://en.coin-turk.com/binance-removes-several-spot-trading-pairs-and-terminates-spot-trading-bots/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/binance-removes-several-spot-trading-pairs-and-terminates-spot-trading-bots/</a>

Binance Removes Several Spot Trading Pairs and Terminates Spot Trading Bots

Table of Contents

COINTURK NEWS

Alte articole publicate pe 22 nov. 2023

Celebrating Kaspa’s 2nd Birthday: $1M Airdrop campaign with OKX, Coinpal.io

Perbandingan Kripto VeChain, Terra, Fantom dan GameStop Memes

Shibburn Alleges The Shiba Inu Ecosystem Is ‘Rigged’, Here’s Why

KPMG Canada collaborates with Chainalysis to combat crypto frauds and exploits

Korean gov’t officials targeted by North’s ‘journalist’ crypto hackers

Crypto Market bleeds, Here’s why

Join our free newsletter for daily crypto updates!