- Binance to halt nine crypto pairs, including CITY/BTC, MULTI/BTC, and PSG/BTC.
- Affected Spot Trading Bots services to end on January 12.
- Removed pairs’ tokens still tradable with other Binance Spot pairs.
The well-known cryptocurrency exchange Binance has declared its intention to cease offering support for a minimum of nine cryptocurrency pairs on its trading platform. Earlier in the day, this information was conveyed through an announcement on the exchange’s official blog.
The official announcement states that this action is consistent with its standard procedure of safeguarding users and upholding a superior level of trading standards. This regular measure filters out certain trading pairs, especially underperforming ones, from the exchange’s spot trading platform.
During this evaluation, Binance pinpointed nine trading pairs, with the Bitcoin trading pairs for Manchester City Fan (CITY), Multichain (MULTI), and PSG being particularly noteworthy. Additionally, the pairs involving BNB with Contentos (COS), COTI, and FÚN were included. The remaining pairs comprised FLOKI/TUSD, HIFI/ETH, and LTC/UAH.
According to the announcement, Binance will discontinue the specified pairs starting Friday, January 12. Furthermore, Binance will cease all relevant Spot Trading Bots services connected to the trading pairs that are being removed on Friday.
At the same time, the exchange pointed out that the deletion of a spot trading pair does not affect the availability of the separate tokens on Binance Spot. This means that Binance customers can still carry out trades with the assets that were part of the removed trading pair by using other trading pairs that remain open on Binance.
Importantly, Binance has cautioned traders using these trading pairs to be aware of possible losses from the bots being turned off. Users impacted should make sure to either adjust or terminate any trading bot operations before 03:00 (UTC) on January 12.
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