Dymension

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/binance-announces-cancellation-of-11-crypto-trading-pairs" rel="noopener noreferrer nofollow">Binance Announces Cancellation of 11 Crypto Trading Pairs</a><br></p>
<p style="text-align: justify">Binance, the prominent cryptocurrency exchange, has publicized its decision to terminate 11 trading pairs from its margin trading offerings. These pairs are set to be withdrawn due to factors typically including inadequate liquidity and suboptimal trading volumes. This removal mirrors Binance’s occasional pruning of its trading lists to optimize market health.</p>
<h2 id="binance-s-latest-clean-up">Binance’s Latest Clean-Up</h2>
<p style="text-align: justify">Known for keeping its listings updated, Binance has decided to remove pairs such as AERGO/BTC, BETA/BTC, and FIRO/BTC, amongst others. The affected pairs, which also include POWR/ETH and SAND/ETH, will be delisted effective February 16, 2024, at 06:00 UTC, refining the exchange’s offerings.</p>
<h2 id="reinforcing-trust-after-insider-leak-scandal">Reinforcing Trust After Insider Leak Scandal</h2>
<p style="text-align: justify">In the wake of an insider information leak scandal involving RONIN, Binance has been keen to restore trust among users. Co-founder Yi He confirmed that measures are in place to prevent recurrence. Furthermore, the exchange has introduced a bounty program, with rewards up to $5 million for reporting insider leaks, showcasing their commitment to <a href="https://en.bitcoinhaber.net/security-breaches-reported-at-decentralized-exchanges-velodrome-and-aerodrome" rel="noopener noreferrer nofollow">security</a>.</p>
<p style="text-align: justify">In light of these efforts, Binance’s recent listing of Dymension (DYM) was seen as a positive step, with the token’s initial price surge acting as a testament to the company’s effective management. Although DYM’s price has slightly corrected, it remains strong in the market, signaling investor confidence.</p>
<p style="text-align: justify">Dymension’s market presence is growing, with trading volumes on the rise and its valuation nearing the $1 billion mark. Currently, DYM maintains a robust trading volume, indicating sustained investor interest subsequent to its Binance debut.</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-cancellation-of-11-crypto-trading-pairs" rel="noopener noreferrer nofollow">Binance Announces Cancellation of 11 Crypto Trading Pairs</a></h5>

Binance Announces Cancellation of 11 Crypto Trading Pairs

Obsah

BH NEWS

Ďalšie články zverejnené 7. 2. 2024

Solana Back Online After 5-Hour Service Disruption

DYM Price Surges 30% in 24 Hours with Mainnet Launch and Dymension Airdrop

Bank of Canada set to slash interest rates in April – But?

Ripple Seeks Deadline Extension After Court Upheld the SEC’s Remedies Discovery Request

Binance refuses to pay mere $8,000 fine to Uzbekistan, gets sued

Investors closely tracking Injective, Mirror Protocol, and KangaMoon in Q1 2024

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!