Binance Announces Delisting of Multiple Spot Trading Pairs on July 12, 2024

Binance to Delist Multiple Spot Trading Pairs on July 12, 2024

As a leading cryptocurrency exchange, Binance continues to prioritize the quality and efficiency of its trading environment. In a recent announcement, Binance disclosed its decision to delist several spot trading pairs due to poor liquidity and trading volume. This delisting will come into effect on July 12, 2024, at 03:00 UTC.

Reason for Delisting

At Binance, regular reviews are conducted to assess the performance of all listed spot trading pairs. Factors such as liquidity and trading volumes play a crucial role in determining the viability of these pairs. By delisting underperforming pairs, Binance aims to safeguard its users and uphold a strong trading market.

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Impact on Users

Users who rely on Spot Trading Bots for the affected pairs must take preemptive action by updating or canceling their bots before the services cease on July 12, 2024, at 03:00 UTC. It is advisable to mitigate potential losses by acting promptly. Binance emphasizes the importance of proactive measures to address any adverse effects.

Precautionary Measures and Disclaimer

Binance underlines the necessity of recognizing the inherent risks associated with digital asset trading. The exchange reminds users of the volatile nature of digital asset prices and encourages individuals to exercise caution when investing. Binance explicitly disclaims liability for losses incurred and suggests consulting independent financial advisors if necessary.

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Users are encouraged to consult the original English version of the announcement for accurate information, particularly in cases of translation discrepancies. Binance retains the right to modify or revoke this announcement at any time without prior notification.

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