Binance Now Delisting Many BUSD Trading Pairs From Aug 18 In...
17 Aug 2023
Crypto News Source
Binance Now Delisting Many BUSD Trading Pairs From Aug 18
In an official statement, Binance, the leading cryptocurrency exchange, revealed its decision to delist certain spot trading pairs as of August 18, 2023, at 03:00 (UTC). The trading pairs to be removed include CKB/BUSD, FARM/BUSD, ORN/BUSD, REN/BUSD, SKL/BUSD, UFT/BUSD, ZEN/BUSD, and ZRX/BUSD. It’s important to note that users can continue trading these tokens in alternate pairs accessible on the Binance platform.
Additionally, Binance has scheduled the discontinuation of its trading bot service for the specified spot trading pairs at 3:00 UTC on August 18, 2023. Users are strongly advised to modify or cancel their trading bots prior to the designated termination time to avert potential losses. The mentioned token pairs are reportedly facing liquidity challenges, contributing to the decision to remove them from Binance’s trading offerings. Launched via an ICO in early 2018 and built on Ethereum’s ERC-20 standard, REN serves a significant role in the Ren ecosystem. The Ren Protocol faced setbacks due to the downfall of FTX, resulting in substantial losses.
In an official statement, Binance, the leading cryptocurrency exchange, revealed its decision to delist certain spot trading pairs as of August 18, 2023, at 03:00 (UTC). The trading pairs to be removed include CKB/BUSD, FARM/BUSD, ORN/BUSD, REN/BUSD, SKL/BUSD, UFT/BUSD, ZEN/BUSD, and ZRX/BUSD. It’s important to note that users can continue trading these tokens in alternate pairs accessible on the Binance platform.
Additionally, Binance has scheduled the discontinuation of its trading bot service for the specified spot trading pairs at 3:00 UTC on August 18, 2023. Users are strongly advised to modify or cancel their trading bots prior to the designated termination time to avert potential losses. The mentioned token pairs are reportedly facing liquidity challenges, contributing to the decision to remove them from Binance’s trading offerings. Launched via an ICO in early 2018 and built on Ethereum’s ERC-20 standard, REN serves a significant role in the Ren ecosystem. The Ren Protocol faced setbacks due to the downfall of FTX, resulting in substantial losses.
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