Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ADOPTION NEWS»Binance to Delist Several Spot Trading Pairs on August 16, 2024
ADOPTION NEWS

Binance to Delist Several Spot Trading Pairs on August 16, 2024

By Crypto FlexsAugust 14, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Binance to Delist Several Spot Trading Pairs on August 16, 2024
Share
Facebook Twitter LinkedIn Pinterest Email

Wang Long Chai
14 Aug 2024 13:27

Binance announced that it will remove some spot trading pairs starting August 16, 2024 due to low liquidity and trading volume.





Binance, one of the major cryptocurrency exchanges, has announced that it will remove several spot trading pairs starting August 16, 2024. According to Binance, this decision is a result of the company’s periodic review to maintain a high-quality trading environment.

Reasons for delisting

The exchange periodically reviews all listed spot trading pairs and reserves the right to delist pairs that lack liquidity and trading volume. The company stated that this measure is essential to protect users and ensure a robust trading market.

Affected trading pairs

Although the announcement does not mention specific trading pairs that will be delisted, users are advised to update or cancel all Spot Trading Bots associated with these pairs before the service is discontinued on August 16, 2024 at 03:00 (UTC). This precautionary measure is to prevent potential losses that may arise due to this service termination.

Meaning for users

Users should be aware that there may be differences in the translated version of the announcement. Users should refer to the original English version for the most accurate information. Binance also reserves the right to modify or cancel this announcement at any time without prior notice.

Market impact

The delisting of these trading pairs may have broader implications for the affected cryptocurrencies, affecting their liquidity and market value. Traders and investors should remain aware of these changes and consider their investment strategies accordingly.

This move comes amid a broader trend in the cryptocurrency industry where exchanges are increasingly focusing on liquidity and volume to ensure market stability. Similar moves have been observed on other exchanges, showing a growing focus on maintaining a high-quality trading environment.

For more details, please refer to the original announcement from Binance.

Image source: Shutterstock


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

AI increases artistry as an innovative creation at NVIDIA GTC Paris.

June 6, 2025

NVIDIA’s BLACKWELL Architecture MLPERF has set up new performance standards.

June 6, 2025

Bitfinex updates version 1.116 improved platforms

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

The HBAR price aims for $ 0.40 when a big decision of the SEC comes.

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Start BTC, DOGE and ETH mining today!

June 6, 2025

AI increases artistry as an innovative creation at NVIDIA GTC Paris.

June 6, 2025

JPMORGAN accepts Bitcoin ETF with loan collateral: How investors can benefit

June 6, 2025

NVIDIA’s BLACKWELL Architecture MLPERF has set up new performance standards.

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

Bitfinex updates version 1.116 improved platforms

June 6, 2025

Encryption leverage: 2025 trend and change analysis

June 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

The HBAR price aims for $ 0.40 when a big decision of the SEC comes.

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025
Most Popular

As the NFT sector increases, the IMX aims for $ 1.

May 3, 2025

Clearing Up Common Misconceptions About Web3 Games

July 28, 2024

Alchemy Pay strengthens Hong Kong’s cryptocurrency infrastructure with enhanced virtual card services

January 10, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.