Giant cryptocurrency exchange Binance has appeared before investors with its new announcements! Leading cryptocurrency exchange Binance will delist some trading pairs through its US arm Binance US! Couples also include Shiba Inu (SHIB), Solana (SOL), and Cardano (ADA). Here are the details…
Binance, the leading cryptocurrency exchange in terms of trading volume, announced the delist for SHIB and these 15 altcoins!
As we quoted as Kriptokoin.com, Binance US, the American arm of the leading crypto money exchange Binance US, announced the last day that 16 Binance USD Coins (BUSD) were traded, including Shiba Inu (SHIB), pointing to the low trading volumes on the trading pairs. He stated that he would delist the couple. The giant cryptocurrency exchange, which determines the delist date on March 30, 2023 at 06:00, will remove the trading pairs for these coins. The trading pairs that the giant cryptocurrency exchange will delist are as follows:
ADA/BUSD, ALGO/BUSD, BUSD/USD, BUSD/USDT, EOS/BUSD, LPT/BUSD, MANA/BUSD, MATIC/BUSD, NEAR/BUSD, OMG/BUSD, SHIB/BUSD, SOL/BUSD,TRX/ BUSD, USDC/BUSD, XTZ/BUSD, and ZIL/BUSD.
According to the announcement of the giant cryptocurrency exchange, deposits and withdrawals will continue for BUSD, the pair of these altcoin projects. In the announcement, Binance US recommended that investors read the shared announcement thoroughly and close or cancel if there are trading orders or open positions in the pairs specified on the platform. However, investors using these altcoins after March 30 will not be able to open transactions with BUSD.
Major altcoin projects affected by delist news
According to the announcement, the assets it will remove for these 16 Binance USD pairs also include major altcoins as given below. These altcoins are Algorand (ALGO), USD, Tether (USDT), EOS, Cardano (ADA), Shiba Inu (SHIB) Livepeer (LPT), Decentraland (MANA), Polygon (MATIC), Near Protocol (NEAR), While Omg Network (OMG), Solana (SOL), TRON (TRX), USD Coin (USDC), Tezos (XTZ), Zilliqa (ZIL) were released, the delist news caused a drop in altcoin prices.
On the other hand, as you know, Binance US has been facing investors for a long time with new changes on its stock market. According to the latest announcement from Binance US, the US arm of major cryptocurrency exchange Binance, users can still buy, sell, convert or trade BUSD on the following advanced trading pairs: BTC/BUSD, ETH/BUSD, BNB/BUSD, HBAR/BUSD and ONE/BUSD.
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