The post Binance Delisting 12 Trading Pairs on January 17, 2025 : Key Impact on Prices and Traders appeared first on Coinpedia Fintech News
Binance, one of the largest cryptocurrency exchanges in the world, has announced the removal of several spot trading pairs as part of its regular market review process. The delisting is set to take effect on January 17, 2025, at 03:00 (UTC). This decision reflects Binance’s commitment to maintaining a high-quality trading platform and ensuring a smooth experience for its users.
Binance to Remove These Trading Pairs
According to Binance, the affected spot trading pairs include BNX/BTC, CATI/BNB, CATI/BRL, CHZ/FDUSD, DOGS/BNB, GTC/BTC, HIGH/BTC, LISTA/BRL, NOT/BRL, PIXEL/BTC, TKO/BTC, and TWT/BTC.
These pairs were identified during a routine review that focused on factors such as trading volume and liquidity. Pairs with consistently low activity levels often make trading difficult, prompting the decision to delist them.
Why Binance is Delisting These Pairs
This move by Binance reflects its goal of creating a strong and efficient trading environment. By removing pairs with limited activity, the exchange can improve market liquidity and streamline the overall trading experience for its global user base. Regular reviews help ensure that only the most active and useful trading pairs remain listed.
For traders using any of the affected pairs, this early notice allows ample time to adjust trading strategies and ensure a smooth transition before January 17.
Binance has clarified that users can still trade these tokens through other active pairs on the platform. For instance, even if a pair like BNX/BTC is delisted, users can continue trading BNX and BTC using other available options.
Impact on Spot Trading Bots
The exchange has also announced that Spot Trading Bots services will no longer support these trading pairs after the delisting. Binance has strongly advised users to update or cancel their Spot Trading Bots before the deadline to avoid potential losses.
