Bitcoin exchange Binance has announced its decision to remove and suspend trading on certain spot trading pairs as part of its regular review process to maintain a high-quality trading environment. The delisting is scheduled for October 25, 2024, at 06:00. The spot trading pairs that will be delisted are ALGO/FDUSD, CHR/ETH, DGB/BTC, and GMX/BTC. However, the removal of these pairs will not affect the availability of the underlying tokens on Binance Spot. Users can still trade other listed trading pairs with ALGO, CHR, DGB, and GMX. Binance will also be shutting down Spot Trading Bots for the affected pairs at the same time, so users are advised to update or cancel their bots to avoid any potential losses. The decision to delist these pairs is based on Binance’s regular review process, which considers factors such as liquidity, trading volume, and market conditions. Binance encourages users to adjust their trading strategies accordingly and use other available trading pairs for their investment needs. Please note that this information is not investment advice. If you are interested in investing in cryptocurrencies, you can register with Binance exchange with a 20% commission discount from the provided link. Make sure to follow Binance’s Telegram and Twitter accounts for exclusive news, analytics, and on-chain data.
