Binance, one of the world’s largest cryptocurrency exchanges, announced the removal and suspension of trading for several spot trading pairs, in a move aimed at protecting users and maintaining a high-quality trading environment. Here are the details…
Binance announced the delist for these altcoin projects
In an official statement released by Binance, the exchange emphasized its commitment to providing the best trading experience for its users. As part of its ongoing efforts, Binance conducts periodic reviews on all listed spot trading pairs, taking into account various factors including liquidity and trading volume. Based on the latest reviews, Binance has decided to delist the following spot trading pairs at certain times on September 22, 2023:
They will be on the list at 06:00 CET:
- ACA/BUSD
- ALPHA/BUSD
- ALPINE/BUSD
- ANT/BUSD
- ASR/BUSD
They will be on the list at 08:00 CET:
- ATM/BUSD
- BAL/BUSD
- DGB/BUSD
- FIRO/BUSD
- GAL/BUSD
They will be on the list at 10:00 CET:
- OOKI/BUSD
- PORTO/BUSD
- PSG/BUSD
- RVN/BUSD
- TWT/BUSD
What do delists mean?
It is important for users to note that delisting these spot trading pairs will not affect the availability of tokens on Binance Spot. Users can continue to trade base and quote assets of delisted pairs on other trading pairs available on Binance. Additionally, Binance will discontinue Spot Trading Bots services for the above-mentioned spot trading pairs at their respective delisting times. Users using these trading bots are strongly advised to update and/or cancel their bots before termination of services to avoid possible losses.
In a related development, users are encouraged to convert their BUSD (Binance USD) holdings into other existing assets on Binance before February 2024. Binance offers a seamless transition for users, allowing them to convert their BUSD balance to FDUSD with zero trading fees. Alternatively, users can convert their BUSD balance to FDUSD at a 1:1 ratio using the conversion portal. This announcement underscores Binance’s commitment to maintaining a safe and efficient trading ecosystem by prioritizing user protection and market integrity. Users are advised to stay informed about updates and take appropriate actions in light of these changes.
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