• Binance, one of the world’s leading cryptocurrency exchanges, will soon remove several spot trading pairs from its platform.
• The trading pairs that will be shed off from Binance include ALCX/BUSD, PUNDIX/BUSD, FOR/BUSD, PEOPLE/BUSD, LOOM/BUSD, NMR/BUSD, SPELL/BUSD and STORJ/BUSD.
• Binance has also announced the discontinuation of its Trading Bots services for the spot trading pairs.
Latest Tokens Binance Plans to Remove
Binance is set to remove several spot trading pairs from its platform on August 25th 2021 at 03:00 (UTC). These tokens include ALCX/BUSP, PUNDIX/BUSP, FOR/BUSP, PEOPLE/BUSP, LOOM/BUSP, NMR / BUSP , SPELL / BUSP and STORJ / BUSP.
Trading Bot Discontinuation
In addition to removing these tokens from their site, they are also discontinuing their Trading Bot services for these spot trading pairs effective on the same day as delisting. Users currently using Trading Bots for these token pairs should review and update their strategies or stop them before service termination in order to mitigate potential losses.
Optimizing Trading Offerings
This decision is part of Binance’s ongoing effort to optimize their trading offerings and provide the best possible experience for users. They have reminded users that even though these tokens will no longer be available for direct tradings on their platform it does not mean that users can no longer engage with them through other available trading pairs on the exchange.
Commitment to Security & Innovation
The announcement has also reiterated Binance’s commitment to providing a secure and innovative platform for trading a wide range of cryptocurrencies in order to ensure user satisfaction.
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