Binance, the world’s largest cryptocurrency exchange, is set to delist certain cryptocurrencies on Sept 15th, a move that often carries significant implications for the affected coins.
Further, while the exchange has not specified the exact reasons for these removals, it has cited factors such as low liquidity and trading volume as contributing factors. However, this decision underscores the importance of staying informed about the coins affected by such delistings.
Binance’s Latest Removals
Binance has scheduled the removal and cessation of trading for several trading pairs. The removals will occur at different times, and here is the list of affected pairs along with their respective removal times in UTC:
03:00 UTC Removals:
- AMB/BUSD
- ASTR/BUSD
- BAT/ETH
- DASH/BUSD
- GMX/BUSD
- HOT/BUSD
05:00 UTC Removals:
- IMX/BNB
- KNC/BNB
- MC/BUSD
- MDT/BUSD
- NULS/BUSD
- RAD/BUSD
- RAY/BUSD
- REQ/BUSD
07:00 UTC Removals:
- SSV/BUSD
- STMX/BUSD
- TROY/BUSD
- WOO/BUSD
In addition, it’s crucial to note that the delisting of a spot trading pair does not impact the availability of these tokens on Binance Spot. Nevertheless, users will still be able to trade the base and quote assets of the spot trading pairs on other available trading pairs on the Binance platform.
However, Binance’s decision to delist certain trading pairs reflects its ongoing efforts to maintain a robust and efficient marketplace. Further, while the exact reasons for these removals may vary, factors like low liquidity and trading volume play a role in these decisions. Staying informed about such delistings is essential for traders and investors in the cryptocurrency space.
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