Binance, one of the world’s largest cryptocurrency exchanges, has announced the delisting of four major crypto pairs.
Binance said in an announcement that the choice was taken to safeguard users while preserving a top-notch trading environment. All listed spot trading pairs are routinely evaluated by Binance, and certain spot trading pairs may be removed from the list for a number of reasons, such as low trading volume and liquidity.
Four Significant Crypto Pairs Will Be Delisted by Binance
On October 11, 2024, at 3:00 a.m. (UTC), Binance says it will remove and stop trading on spot trading pairs APE/ETH, ATOM/BNB, BAL/BTC, and BNB/DAI based on its most recent reviews.
On the specified date, the cryptocurrency exchange will concurrently stop providing Spot Trading Bots services for the previously mentioned spot trading pairs where appropriate. Therefore, in order to prevent any losses, Binance users are strongly encouraged to update and/or terminate their Spot Trading Bots prior to the Spot Trading Bots services being discontinued.
The tokens’ accessibility on Binance Spot remains unaffected by the delisting of a spot trading pair. On Binance’s other trading pairs, users can still quote assets and trade the base of the spot trading pair.
Additional announcements from Binance
Binance made another announcement announcing BNSOL’s listing. The opening of BNSOL/SOL trading will take place on October 10 at 8:00 a.m. (UTC). Earlier in September, Binance launched Binance SOL Staking, a feature that lets users stake their SOL tokens in return for BNSOL, a liquid staking token that represents their staked assets. Users that choose to trade, lend, or spend their assets across various Binance products and external DeFi platforms can still receive staking incentives thanks to BNSOL.
