Giant crypto exchange Binanceannounced that it has delisted spot trading pairs for Bitcoin, Ethereum and Binance Coin. The exchange regularly conducts comprehensive reviews for all listed spot trading pairs. These reviews serve as a mechanism to evaluate various factors, including liquidity and trading volume, in order to maintain a high-quality trading market.
Which Binance Spot Trading Pairs Have Been Delisted?
Koinfinans.com As we reported, the delisting of the spot trading pairs in question will be effective as of January 19. However, BTC ETH and it should be noted that BNB serves as the quote currency in these pairs, not the base currency. According to the latest announcement, the affected spot trading pairs are: DAR/BNB, DEXE/ETH, ID/BNB, POLS/BTC.
The delisting is due to issues such as poor liquidity. It is also important to note that although the delisting affects specific trading pairs, it does not affect the general availability of tokens on Binance Spot. Therefore, users can continue to buy and sell the base and quote assets of the delisted pairs on other available trading pairs.
However, Binance will also discontinue the Spot Trading Bots services associated with those trading pairs. Users using these services are strongly advised to update or cancel their Spot Trading Bots before discontinuing them to reduce possible losses.
Binance Futures Adds Dogwifhat Perpetual Contract
In order to diversify trading options and improve user experience, Binance Futures is preparing to introduce the USD-M WIF Perpetual Contract. The perpetual contract will be available starting January 18 and will offer up to 50x leverage. The contract has Dogwifhat (WIF) as the underlying asset and is settled in USDT.
The tick size of the perpetual contract is capped at 0.0001 and the funding rate is capped at +2.00%/-2.00%. Funding fee payment will occur every four hours. Traders can further increase the flexibility of trading multiple margin assets by entering Multi-Asset Mode.