Binance Removes Six Trading Pairs Including AI/TUSD

IconCryptoNewsTerminal Staff02 Jul, 2024

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Binance Removes Six Trading Pairs Including AI/TUSD

Binance to Remove Six Trading Pairs on July 5th Binance, one of the world's leading cryptocurrency exchanges, has announced that it will remove six trading pairs from its platform on July 5, 2023 at 12:00 PM (KST). The affected trading pairs are: AI/TUSD BTC/AEUR CHR/BNB ETH/AEUR GAS/FDUSD LQTY/FDUSD This removal is part of Binance's ongoing efforts to improve its platform and provide users with the best possible trading experience. The exchange will continue to monitor the market and make adjustments to its trading pairs as needed. Binance recommends that users close any open positions in the affected trading pairs before the removal deadline. After the trading pairs are removed, users will not be able to trade these assets on the Binance platform. This move by Binance is not unexpected. The exchange has been gradually removing trading pairs with low trading volume or liquidity. This allows Binance to focus its resources on more popular and active trading pairs. Binance's decision to remove these trading pairs is unlikely to have a significant impact on the overall cryptocurrency market. However, it is important for users to be aware of the changes and to adjust their trading strategies accordingly.