In a recent announcement, Binance reported that 10 altcoins will delist Australian Dollar (AUD) trading pairs.
Listed on BTC, DOGE, GALA and MATIC
Binance recently announced in a new announcement that it will delist 10 altcoins traded in Australian Dollar (AUD) spot pairs. Transactions will end on June 1 at 09:00. Here is the list of altcoins that will be closed for trading in the AUD pair, according to the official announcement:
- Binance USD (BUSD)
- Tether (USDT)
- Ethereum (ETH)
- Ripple (XRP)
- Binance Coin (BNB)
- Cardano (ADA)
- Dogecoin (DOGE)
- Left (LEFT)
- Polygon (MATIC)
- Gala (GALA)
- and Bitcoin (BTC)
cryptocoin.comAs you follow, Binance announced today that it will terminate the 1000SHIBBUSD contract on June 1 at 12:00.
Binance is delisting these altcoins collectively in AUD pair
Spot trading pairs that will be affected by the latest announcement include ADA/AUD, AUD/BUSD, AUD/USDT, BNB/AUD, BTC/AUD, DOGE/AUD, ETH/AUD, GALA/AUD, MATIC/AUD, SOL/AUD and XRP/ Includes AUD.
Additionally, Binance previously announced the removal of other trading pairs such as APE/AUD, AVAX/AUD, AXS/AUD, DOT/AUD, FTM/AUD, LINK/AUD, SAND/AUD, and SHIB/AUD.
Pay attention to these
Binance has stated that it will terminate its Trading Bots services for these trading pairs. Users using trading bots for these particular pairs are required to update or cancel their trading bots before the service ends. In this way, users can avoid potential losses due to the discontinuation of Trading Bots services.
The termination of Trading Bots services comes after recent problems faced by Binance’s Australia operation. Prior to the final announcement, Binance announced that it will no longer process PayID Australian Dollar deposits for its users. The decision comes after third-party payment service provider Cuscal stopped serving the platform.
Adding to the complications, Westpac, Australia’s oldest bank, later imposed a ban on cryptocurrency transactions on certain exchanges. Some industry experts say Binance is among the affected exchanges. Increasing scrutiny from financial and regulatory agencies in Australia has raised concerns for Binance about compliance with local regulations.
In fact, the Australian Securities and Investment Commission (ASIC) has launched an investigation into Binance’s compliance practices. The exchange voluntarily revoked its derivatives license with the financial regulator in April.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.