Binance Announces Removal of Select Trading Pairs

In a move to protect its users and uphold the quality of its trading market, Binance, a leading cryptocurrency exchange, has announced the removal of several spot trading pairs from its platform. This decision, effective from November 17, 2023, follows a thorough review of all listed spot trading pairs, focusing on factors like liquidity and trading volume to ensure optimal trading conditions for Binance users.

Key Changes in Trading Pairs

Effective from 03:00 (UTC) on November 17, 2023, Binance will cease trading on pairs including AAVE/BUSD, AGLD/BUSD, APE/BUSD, and several others. Additionally, from 05:00 (UTC) on the same day, trading pairs such as FRONT/BUSD, HARD/BNB, MANA/BUSD, and more will also be delisted. This strategic move is part of Binance's commitment to providing a robust and high-quality trading environment.

The delisting of these spot trading pairs does not imply the unavailability of the tokens on Binance Spot. Users can still trade the base and quote assets of these pairs through other available trading pairs on the platform. Concurrently, Spot Trading Bots services for the affected pairs will terminate at the specified times. Users utilizing these services are strongly advised to update or cancel their Spot Trading Bots to prevent potential losses.

Advisory for BUSD Asset Holders

In light of these changes, Binance encourages users holding BUSD assets to consider converting them into other available assets on the platform before February 2024. The exchange offers the option to trade BUSD balances for FDUSD at zero trading fees. Alternatively, users can convert their BUSD balances to FDUSD using the Binance Convert portal.

Binance emphasizes that in case of any discrepancies between the translated versions of this announcement and the original English version, the English version shall prevail. This measure is to ensure clarity and maintain transparency across its diverse, global user base.

This decision by Binance underscores its dedication to safeguarding its users and maintaining a high-quality trading market. By periodically reviewing and adjusting its offerings, Binance continues to position itself as a responsible and user-centric cryptocurrency exchange. Users are encouraged to visit the Binance website for detailed information and further updates.