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Major crypto exchange Binance has issued a notice of removal for selected spot trading pairs.
In the next 24 hours, on Jan. 27, 22 crypto trading pairs are set to be delisted from the Binance platform. The move affects the trading pairs of Bitcoin, Shiba Inu, Toncoin and meme coin Peanut the Squirrel (PNUT), among others.
The affected trading pairs include SHIB/DOGE, BTC/UAH, COMP/BTC, DASH/ETH, ETC/ETH, IO/BTC, LINEA/BNB, MINA/BTC, MMT/BNB, MOVE/BNB, OG/BTC, OGN/BTC, PLUME/BNB, PNUT/FDUSD, RUNE/ETH, SEI/FDUSD, STX/FDUSD, TIA/FDUSD, TON/BTC, VET/ETH and YB/BNB and will be delisted on Jan. 27 at 8:00 a.m. (UTC). Binance will also terminate Spot Trading Bots services for the 22 trading pairs on this date and time, where applicable.
The delisting action follows a periodic review undertaken by Binance with the aim of protecting users and sustaining a high-quality trading market. The reasons Binance might delist selected spot trading pairs include poor liquidity and trading volume, among others.
The delisting of a spot trading pair does not affect the availability of the tokens on Binance Spot. For instance, Shiba Inu still remains listed on Binance, with the SHIB/DOGE pair only being removed.
In this light, users are urged to act accordingly before the delisting action to avoid potential losses.
Binance to list Tesla futures
In fresh listing news, Binance is set to launch a Tesla stock perpetual contract. In a recent announcement, the crypto exchange stated it would be listing the TSLAUSDT Equity Perpetual Contract with up to 5x leverage.
This listing date is set for Jan. 28 at 2:30 a.m. UTC. Binance gives the reason for the listing to be in line with the expansion of a list of trading choices offered on its futures platform and to improve users’ trading experience.
Tomiwabold Olajide
Gamza Khanzadaev
Godfrey Benjamin