Binance Delisted 4 Spot Trading Pairs Including ADA/TUSD on August 2nd

Binance Delisted 4 Spot Trading Pairs Including ADA/TUSD on August 2nd

Binance, a leading cryptocurrency exchange, recently announced the delisting of four spot trading pairs from its platform. The pairs that will be removed are ADA/TUSD, AEVO/BNB, AST/BTC, and MANTA/BNB. The delisting will become effective on August 2, 2023, at 12 AM (KST). Binance mentioned that the decision to delist these pairs was made after a comprehensive review of the trading activity and liquidity of each pair. The exchange stated that the trading volume and liquidity for the four pairs had been consistently low, making it challenging to maintain a stable trading environment. Users who have open positions in any of the affected trading pairs must close them before the delisting date. Any remaining open positions will be automatically closed by Binance at the delisting time, and the proceeds will be credited to the user's account. It's worth noting that this is not the first time Binance has delisted trading pairs. The exchange regularly reviews its trading pairs and may delist those with low trading volume or that do not meet its listing criteria. Traders are advised to be vigilant of potential changes to trading pairs on cryptocurrency exchanges. Delistings can impact the availability of certain trading opportunities, so traders should regularly monitor exchange announcements and adjust their strategies accordingly.