Leading crypto exchange Binance will delist a number of trading pairs on its spot and margin platforms later this week. Binance Spot is the core trading platform of Binance for spot markets, with a wide selection of trading pairs. Binance Margin, on the other hand, allows trading of assets using funds provided by a third party.
A total of ten trading pairs are affected, four on the Binance spot trading platform and six on the margin platform. The delisting of these ten pairs will occur on July 17, according to separate announcements on July 13 and 14 issued by Binance.
Binance usually conducts periodic reviews of every spot trading pair listed on its platform. This is done to safeguard users and sustain a high-quality trading market. The review may lead to the delisting of selected spot trading pairs, as in the aforementioned case. The reasons for delisting may vary from poor liquidity to low trading volume.
u.today