Binance Delists Four Trading Pairs, Including BAND/TRY

IconCryptoNewsTerminal Staff11 Sep, 2024

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Binance Delists Four Trading Pairs, Including BAND/TRY

Binance, one of the world's leading cryptocurrency exchanges, has announced the delisting of four trading pairs: BAND/TRY, LSK/ETH, NTRN/BTC, and PROM/BTC. The delisting will take effect on September 13, 2023, at 12:00 PM (UTC). Binance did not provide a specific reason for the delisting, but it has been reported that each has underperformed in terms of liquidity. Delisting trading pairs can help improve liquidity for other, more active pairs. Users who are holding any of the affected trading pairs will need to convert their assets to another currency before the delisting takes effect. After the delisting, these trading pairs will no longer be available on Binance. Binance regularly reviews its trading pairs to ensure that they meet the exchange's standards for liquidity, trading volume, and other factors. The exchange may delist trading pairs that do not meet these standards in order to maintain a healthy and efficient trading environment.