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Binance Delists Shiba Inu (SHIB) Pair

Wed, 01/04/2023 - 09:09
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Alex Dovbnya
World's largest exchange by trading volume has delisted Shiba Inu pair
Binance Delists Shiba Inu (SHIB) Pair
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Binance, the leading cryptocurrency trading platform, has announced that it will be removing and ceasing trading for several spot trading pairs. The pairs include SHIB/GBP, ALPHA/BNB, ASTR/ETH, CELR/ETH and DAR/ETH. These changes are planned to take effect on Jan. 6 at 3:00 a.m. UTC for some pairs, and Jan. 6 at 7:00 a.m. UTC for others.

Binance also plans to terminate strategy trading services for the aforementioned spot trading pairs at the same time as they remove the spot trading pairs from their platform.

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This announcement serves as a warning to those users who may use strategy sandboxes or automated trading strategies since they must update or cancel them before the service is terminated in order to avoid any potential losses.

However, users will still have access to the tokens available in these spot trading pairs through other available trading options on Binance's platform.

With the removal of the aforementioned trading pairs, Binance claims to provide an improved experience for its users.

Shiba Inu is currently the 16th biggest cryptocurrency by market capitalization after slipping below Solana (SOL).

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.