Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»What users need to do
ALTCOIN NEWS

What users need to do

By Crypto FlexsAugust 21, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
What users need to do
Share
Facebook Twitter LinkedIn Pinterest Email

Binance, one of the world’s largest cryptocurrency exchanges, has announced the delisting of nine altcoin spot trading pairs.

This change will take effect at 03:00 UTC on August 23rd and reflects Binance’s efforts to improve market quality.

What should Binance users do?

Binance evaluates the performance of listed trading pairs and removes pairs that do not meet liquidity and trading volume thresholds. The exchange claims that these measures protect users and maintain a high-quality trading environment.

Read more: Binance Review 2024: Is it the right cryptocurrency exchange for you?

The pairs to be removed are:

  1. ARKM/TUSD
  2. CHZ/EUR
  3. ENA/Euro
  4. FIRO/BTC
  5. IOTA/FDUSD
  6. Joe/Try
  7. Omni/BNB
  8. REZ/BNB
  9. Super/FDUSD

This delisting will affect specific trading channels, but will not remove individual tokens from the platform.

“Users will still be able to trade the underlying asset on spot trading pairs and quote the asset on other trading pairs available on Binance,” the cryptocurrency exchange explained.

Therefore, users interested in these pairs should adjust their trading strategies accordingly. It is important to note that the exchange will also be terminating spot trading bot services for these pairs at the same time. Binance advises traders to cancel or update automated trading to avoid potential financial losses.

It is important to note that this delisting did not have an immediate impact on the market price of the relevant tokens. This stability will help mitigate any negative impact as they are still available on other trading pairs on Binance.

However, the history of token delistings on Binance suggests potential volatility. For example, when Binance delisted six altcoins last week, the prices of those cryptocurrencies fell significantly. In particular, PowerPool (CVP) and Ellipsis (EPX) fell 14% and 22% immediately after the delistings were announced.

Read more: 11 Cryptocurrencies to Add to Your Portfolio Before Altcoin Season

This trend continued last month when tokens like Dock (DOCK) and Mdex (MDX) experienced steep declines of 30% and 23.65% respectively after being delisted. These events show the impact of exchange listings or delistings on the valuation of altcoins.

disclaimer

BeInCrypto is committed to unbiased and transparent reporting in compliance with the Trust Project guidelines. This news article aims to provide accurate and timely information. However, readers are encouraged to independently verify facts and consult with experts before making any decisions based on this content. Please note that our Terms of Use, Privacy Policy, and Disclaimer have been updated.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

ETF Land Rush: Solana’s filing speed outpaces XRP and matches BTC.

October 23, 2025

Crypto Market Rebound, L2 Surge and ZEC Shock: Daily Insights

October 16, 2025

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025
Add A Comment

Comments are closed.

Recent Posts

Stake USDT To Earn BTC With Up To 600% APR

October 28, 2025

Coinbase Acquires Echo, Leading On-Chain Capital Raising Platform in $375 Million Deal

October 28, 2025

US Bitcoin reports holdings of 3,865 BTC after recent acquisition

October 27, 2025

Swiss Bitcoin App Relai Acquires MiCA License In France

October 27, 2025

Tapzi Presale Gains Traction with DeepSnitch AI and Bitcoin Hyper

October 27, 2025

The first extension for Solana developers

October 27, 2025

River Public Sale – 48-Hour Dutch Auction Lowest Price Settlement, Claim And Refund Instantly After End

October 27, 2025

Jiuzi Holdings, Inc. Partners With SOLV Foundation On $2.8B TVL Bitcoin Initiative To Advance Crypto Treasury Strategy

October 27, 2025

Why Elon Musk’s SpaceX transferred $133 million in Bitcoin

October 27, 2025

Stablecoin payments reach $10 billion with mainstream adoption

October 26, 2025

Ethereum Rebounds from Bull Market Support: Can It Conquer the ‘Pocket of Gold’ Next?

October 26, 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

Stake USDT To Earn BTC With Up To 600% APR

October 28, 2025

Coinbase Acquires Echo, Leading On-Chain Capital Raising Platform in $375 Million Deal

October 28, 2025

US Bitcoin reports holdings of 3,865 BTC after recent acquisition

October 27, 2025
Most Popular

Rabbit Swap presents an innovative cross-chain swap solution.

February 11, 2024

Bankrupt Celsius pays $2 billion worth of cryptocurrency to creditors

February 17, 2024

7RCC Leads Carbon-Neutral Bitcoin ETF for ESG-Focused Investing

December 20, 2023
  • 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.