Binance Delists 21 Trading Pairs, Tokens Due To Low Liquidity
Binance, a major cryptocurrency exchange, has announced the removal of seven popular spot trading pairs, effective April 11, 2025. This decision is part of the exchange's ongoing efforts to maintain a high-quality trading environment and safeguard its users. The delisted pairs include ACT/BRL, ALPHA/BTC, BLUR/BTC, CELR/BTC, PENGU/BNB, POND/BTC, and RUNE/BNB. The delisting will occur at 3:00 a.m. (UTC), and users are advised to update or deactivate their Spot Trading Bots before this time to avoid potential losses.
Binance conducts periodic reviews of all listed spot trading pairs to ensure they meet the exchange's standards. Factors considered in these reviews include liquidity and trade volume. The recent review led to the decision to delist the aforementioned pairs due to low liquidity and trade volume. This move is aimed at enhancing the overall trading experience by focusing on more active and liquid trading pairs.
In addition to the delisting of these seven trading pairs, Binance has also announced the delisting of 14 crypto assets based on the results of its Vote-to-Delist process. The delisted tokens include Badger DAO (BADGER), Balancer (BAL), Beta Finance (BETA), Cream Finance (CREAM), Cortex (CTXC), Aaelf (ELF), Firo (FIRO), Kava Lend (HARD), NULS (NULS), Prosper (PROS), Status (SNT), TROY (TROY), UniLend (UFT), and VIDT DAO (VIDT). This delisting will take effect on April 16, 2025, at 3:00 a.m. (UTC).
Deposits of these tokens will not be credited to users' accounts after April 17, 2025, at 3:00 a.m. (UTC), and withdrawals will not be supported after April 16, 2025, at 3:00 a.m. (UTC). Binance Spot Copy Trading will delist the tokens' spot trading pairs on April 15, 2025, at 3:00 a.m. (UTC). Users are urged to close any open positions before the delisting time to avoid automatic settlement.
This move by Binance underscores the exchange's commitment to maintaining a robust and efficient trading environment. By delisting pairs and tokens that do not meet its standards, Binance aims to provide a better experience for its users and ensure the stability and liquidity of its trading platform. The exchange's proactive approach to reviewing and updating its listings is a testament to its dedication to quality and user satisfaction.
