Cryptocurrency exchange Binance announced the delisting of a number of trading pairs with BNB, BUSD and ETH from June 14.
Binance announced that it will remove the following spot trading pairs: BIFI/BUSD, DASH/BNB, FIO/BUSD, GAL/BNB, ILV/BNB, KLAY/BNB, LIT/ETH, MC/BNB, MINA/BNB, MLN/ BUSD , ONE/ETH, OXT/BUSD, PEOPLE/BNB, PEOPLE/ETH, QNT/BNB, WAXP/BNB, XTZ/ETH, ZEC/BNB, ZRX/ETH.…
— Wu Blockchain (@WuBlockchain) June 12, 2023
Spot platform will no longer support trading instruments: BIFI/BUSD, DASH/BNB, FIO/BUSD, GAL/BNB, ILV/BNB, KLAY/BNB, LIT/ETH, MC/BNB, MINA/BNB, MLN/BUSD, ONE/ETH , OXT/BUSD, PEOPLE/BNB, PEOPLE/ETH, QNT/BNB, WAXP/BNB, XTZ/ETH, ZEC/BNB, ZRX/ETH.
The company noted that users will be able to trade the aforementioned assets in other available pairs.
The Binance team reminded about the need to make appropriate changes to the settings of the trading bots due to the delisting in order to avoid possible losses.
Users in the comments noticed that shortly before such a massive removal of trading pairs, the exchange made changes to the service agreement. As amended on June 6, the platform has the right to automatically convert discontinued assets into tokens at its discretion.
— Daniel Krupka (@krupda42) June 12, 2023
A number of commenters have noticed that the platform does not remove the listed assets from the platform, but it is about some pairs. Widespread presence on the BNB and BUSD delisting list has sparked speculation that it is related to the lawsuit SEC.
— Chidera Divine (@div27094) June 12, 2023
Margin trading platform Binance also announced the delisting of several pairs: BNT/BUSD, CVX/BTC, POLS/BUSD, POWR/BUSD, STPT/BUSD, and STRAX/BUSD.
#Binance will delist the following Isolated Margin pairs:
— Binance (@binance) June 12, 2023
Recall that Binance announced its intention to “resolutely defend itself” in the case against the SEC. However, the media found parallels with the FTX case in the regulator’s lawsuit.
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