Binance to Delist 5 Spot Trading Pairs: ALPACA/BTC, MDX/BTC, NFP/TUSD, QUICK/BTC, and XAI/BNB

IconCryptoNewsTerminal Staff12 Jun, 2024

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Binance to Delist 5 Spot Trading Pairs: ALPACA/BTC, MDX/BTC, NFP/TUSD, QUICK/BTC, and XAI/BNB

Binance, one of the world's largest cryptocurrency exchanges, has announced that it will delist 5 spot trading pairs from its platform on June 14 at 12 PM (KST). The affected trading pairs are ALPACA/BTC, MDX/BTC, NFP/TUSD, QUICK/BTC, and XAI/BNB. This move is part of Binance's ongoing efforts to improve the quality of its platform and protect its users. The exchange has been delisting trading pairs that have low trading volume or that do not meet its standards for quality. Binance users who hold any of the affected trading pairs will need to take action to avoid losing their funds. They can either sell their assets before the delisting deadline or withdraw them to another wallet. The delisting of these trading pairs is unlikely to have a significant impact on the cryptocurrency market as a whole. However, it is a reminder that even the largest exchanges are not immune to market forces.

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