Binance Delists 7 Spot Trading Pairs Due To Poor Liquidity

Binance has announced that it will delist multiple spot trading pairs featuring tokens such as ACT, ALPHA, BLUR, PENGU, and others starting from April 11, 2025. The affected pairs include ACT/BRL, ALPHA/BTC, BLUR/BTC, CELR/BTC, PENGU/BNB, POND/BTC, and RUNE/BNB. The delisting process will commence at 03:00 UTC on the specified date, marking the end of trading for these pairs on the platform.

The decision to delist these trading pairs is part of Binance's ongoing effort to regularly evaluate and optimize its offerings. By removing underperforming pairs, the exchange aims to enhance the overall trading experience for its users. This move is consistent with Binance's strategy of maintaining a high standard of liquidity and market depth, ensuring that only the most relevant and actively traded pairs remain available on the platform.

Binance cited multiple factors, such as poor liquidity and trading volume, as the reasons behind the decision to delist each spot trading pair. These factors were discovered during the internal team’s periodic reviews of the listed spot trading pairs. The delisting announcement comes just a few days after the team behind ACT announced that it would be launching an investigation into the token’s sharp price drop on Binance. On April 1, ACT/USDT fell by nearly 50% within 30 minutes of trading on the platform. Additionally, several other altcoin trading pairs also experienced drops ranging from 20% to 50% on Binance from April 1 to April 3.

At the same time, the crypto exchange will also terminate spot trading bot services for the spot trading pairs mentioned in the announcement. Therefore, traders should update or cancel their spot trading bots that are linked to the pairs before the delisting date to avoid suffering potential losses. The delisting of these pairs is expected to have a significant impact on the respective cryptocurrencies involved. Traders and investors who hold positions in these pairs will need to take appropriate actions to manage their portfolios. This includes either closing their positions before the delisting date or transferring their assets to other exchanges that continue to support these trading pairs.

The delisting of ACT/BRL, ALPHA/BTC, BLUR/BTC, CELR/BTC, PENGU/BNB, POND/BTC, and RUNE/BNB is a clear indication of Binance's commitment to providing a robust and efficient trading environment. By focusing on pairs that demonstrate strong liquidity and market activity, Binance aims to attract more traders and investors to its platform. This strategy not only benefits the exchange but also the broader cryptocurrency market, as it encourages the development of more liquid and stable trading pairs.

In summary, Binance's decision to delist these spot trading pairs is a strategic move aimed at improving the overall quality of its offerings. By removing underperforming pairs, the exchange seeks to create a more efficient and liquid trading environment, ultimately benefiting both its users and the broader cryptocurrency market.