Binance Delists 6 Trading Pairs, Including ACE/BNB, on June 7, 2023
CryptoNewsTerminal Staff05 Jun, 2024
Binance Delists 6 Trading Pairs, Including ACE/BNB, on June 7, 2023
Affected trading pairs: ACE/BNB, DOT/TUSD, MAGIC/FDUSD, MEME/BNB, SAND/BNB, XAI/TUSD Binance, a leading cryptocurrency exchange, has announced that it will delist six spot trading pairs on June 7, 2023 at 12:00 UTC. The affected trading pairs are: ACE/BNB DOT/TUSD MAGIC/FDUSD MEME/BNB SAND/BNB XAI/TUSD Binance has not provided a reason for the delisting, but it is likely due to low trading volume or other factors that make the trading pairs unprofitable for the exchange. Users who hold any of the affected trading pairs will have their positions automatically converted to BUSD at the time of the delisting. Withdrawals of the affected assets will still be supported after the delisting. Binance's decision to delist these trading pairs is a reminder that the cryptocurrency market is constantly evolving, and traders need to be aware of the risks involved.
