Binance Will Close 17 Liquidity Pools: Here Are the Affected Coin Pairs!

Binance, the world’s largest cryptocurrency exchange, announced that 17 trading pairs in its liquidity pools will be removed.

In the announcement made on its official website on October 20, Binance announced that certain cryptocurrencies purchase and sale And passive income In the “Binance Liquid Swap” program that offers periodic reviews carried out next 17 trading pairs in liquidity pools will be removed reported.

Binance maintains the following liquidity pools: 27 October at 07.00 CET‘also will be removed and remaining assets will be automatically transferred to users’ spot wallets emphasized:

  • ADA/BUSD
  • BNB/BUSD
  • BTC/BUSD
  • BUSD/DAI
  • BUSD/USDT
  • DOGE/BUSD
  • ETH/BUSD
  • FIL/BUSD
  • GMT/BUSD
  • HOOK/BUSD
  • LINK/BUSD
  • LTC/BUSD
  • MATIC/BUSD
  • POND/BUSD
  • SHIB/BUSD
  • SOL/BUSD
  • UNI/BUSD

Users to 07:00 on October 27 While it is stated that it will have the authority to withdraw the assets in the pools in question until From 23 October 07.00 CEST Adding liquidity to these pools from it won’t be possible was recorded.

In his statement, he said that the removal of liquidity pools It will not affect spot trading pairs. Noting that Binance customers in other liquidity pools without any problems He said he could continue trading.

The fact that the move in question came to BUSD parities brought to mind Binance’s recommendation to replace assets with another cryptocurrency by February 2024.

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source site-9