Binance, one of the world's largest crypto exchanges, has announced the delisting of nine altcoin spot trading pairs.
This move, which will take effect on August 23 at 03:00 UTC, is intended to enhance market quality. Binance evaluates the performance of its listed trading pairs, removing those that fail to meet liquidity and volume thresholds to protect users and maintain a high-quality trading environment.
The pairs to be removed include ARKM/TUSD, CHZ/EUR, ENA/EUR, FIRO/BTC, IOTA/FDUSD, JOE/TRY, OMNI/BNB, REZ/BNB, and SUPER/FDUSD. Despite the delisting, individual tokens will remain available on the platform.
Binance clarified that users could still trade the base and quote assets of these pairs on other available trading pairs on the exchange. Traders are advised to revise their strategies and cancel or update automated trades to avoid potential financial losses.
While the delisting has not immediately affected the market prices of the involved tokens, historical data suggests potential volatility. Previous delistings have led to significant price drops, indicating the impact of such actions on altcoin valuations.
