In an effort to ensure a high-quality trading environment, Binance plans to delist multiple spot trading pairs including CAKE/TUSDDYDX/BNB, LAZIO/BTC, according to an announcement from the exchange on May 29, 2024.
Periodic reviews for market quality
Binance, one of the world’s leading cryptocurrency exchanges, regularly conducts reviews of all its listed spot trading pairs. These evaluations are intended to protect users and maintain the integrity of the trading market. As part of this process, the exchange may choose to remove pairs with poor liquidity and low trading volume.
The latest revision led to the decision to remove several spot trading pairs, although the specific pairs were not mentioned in the announcement. The removal process is expected to be completed by May 31, 2024.
Impact on spot trading bots
As part of the removal process, Binance will also terminate the Spot Trading Bots services for the affected pairs at 03:00 (UTC) on May 31, 2024. Users using these bots are strongly advised to update or cancel their active bots to avoid potential problems. to lose.
Binance emphasized the importance of referring to the original English version of the announcement for the most accurate information, as there may be discrepancies in translated versions.
User guidelines and disclaimers
The announcement included several disclaimers, reminding users of the inherent risks associated with trading digital assets. Binance emphasized that the value of investments can fluctuate significantly and users should only invest in products they fully understand. The exchange recommended consulting independent financial advisors before making investment decisions.
Binance reserves the right to modify or cancel the announcement at any time without notice, reiterating the importance of staying up to date with the latest information directly from the platform.
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