Binance Delists ALGO/ETH, DYM/FDUSD, SXP/BNB Spot Pairs on July 12

IconCryptoNewsTerminal Staff10 Jul, 2024

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Binance Delists ALGO/ETH, DYM/FDUSD, SXP/BNB Spot Pairs on July 12

Binance, the leading cryptocurrency exchange, has announced the delisting of three spot trading pairs: ALGO/ETH, DYM/FDUSD, and SXP/BNB. The delisting will take effect on July 12, 2023, at 12:00 PM (KST). The exchange stated that this decision was made after careful review and consideration of various factors. Binance regularly evaluates its listed assets and trading pairs to ensure they meet the exchange's standards for liquidity, trading volume, and overall market conditions. The delisting of these trading pairs will not affect users' existing ALGO, DYM, or SXP holdings. Users can still trade these assets against other supported trading pairs on Binance. Binance encourages users to take necessary steps to close any open positions or cancel any pending orders involving the affected trading pairs before the delisting deadline. The exchange will provide further updates and announcements if any changes occur to the delisting schedule.

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