James Ding
Oct 02, 2024 07:28
Binance will cease trading on ACE/FDUSD, FIL/BNB, OP/BNB, and TRB/FDUSD trading pairs effective October 4, 2024, due to poor liquidity and trading volume.
Binance, a leading cryptocurrency exchange, has announced the removal and cessation of trading for several spot trading pairs. According to Binance, the affected trading pairs are ACE/FDUSD, FIL/BNB, OP/BNB, and TRB/FDUSD. This change will take effect on October 4, 2024, at 03:00 (UTC).
Reasons for the Removal
The decision to delist these trading pairs comes after Binance’s periodic review of all listed spot trading pairs. The review considered factors such as poor liquidity and low trading volume. By removing these pairs, Binance aims to protect users and maintain a high-quality trading market.
Impact on Users
Users who utilize Spot Trading Bots are advised to update or cancel their bots before the cessation of services to avoid potential losses. The services for the affected trading pairs will terminate simultaneously with the removal of the pairs on October 4, 2024, at 03:00 (UTC).
Additional Information
Binance has also noted that there may be discrepancies in translated versions of the announcement and advises users to refer to the original English version for the most accurate information. The exchange reserves the right to amend or cancel this announcement at any time without prior notice.
This move is part of Binance’s ongoing efforts to ensure a robust and efficient trading environment. The exchange regularly reviews its listed pairs to ensure they meet the necessary standards for liquidity and trading volume.
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