Binance Delists 9 Spot Trading Pairs, Including ARKM/TUSD, on August 23
CryptoNewsTerminal Staff21 Aug, 2024
Binance Delists 9 Spot Trading Pairs, Including ARKM/TUSD, on August 23
Binance, the world's largest cryptocurrency exchange, has announced that it will delist 9 spot trading pairs on August 23rd at 12 PM (KST). The affected pairs include ARKM/TUSD, CHZ/EUR, ENA/EUR, FIRO/BTC, IOTA/FDUSD, JOE/TRY, OMNI/BNB, REZ/BNB, and SUPER/FDUSD. This is not the first time that Binance has delisted trading pairs. In the past, the exchange has removed pairs that have low trading volume or that are no longer supported by the underlying assets. It is unclear why Binance has decided to delist these particular pairs at this time. The delisting of these pairs may have a negative impact on the liquidity of the affected assets. However, it is also possible that the delisting will have little to no impact, as the affected assets are relatively obscure and have low trading volume. Overall, the delisting of these 9 spot trading pairs is a relatively minor event. However, it is a reminder that Binance has the right to delist any trading pair at any time, and that traders should be aware of this risk.
