Binance is removing several crypto pairs from its trading platform
The world's largest cryptocurrency exchange Binance plans to remove certain trading pairs from its platform.
The platform will no longer support couples with cryptocurrencies such as ALPACA, MDX, NFP, QUICK and XAI. Shortly after the announcement, the prices of the tokens in question fell slightly on the daily charts.
The management of the assets listed on the platform are carefully studied so as not only to minimize risks but also to promote a safe trading environment.
This is the main reason why Binance delists some tokens from time to time.
READ MORE:
Capital outflows from Bitcoin ETFs continue pending US inflation dataIn an effort to reduce the risks associated with some digital assets, Binance is reportedly about to drop various trading pairs. Among them are ALPACA/BTC, MDX/ BTC , NFP/TUSD, QUICK/BTC and XAI/ BNB Faucet and more
According to message from Binance, traders should prepare in time for their delisting, which will begin at 06:00 (Bulgarian time) on June 14.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A total of 1.38 billion USDT flowed into CEX in the past 15 hours
Web3 venture capital firm Theory Ventures launches second new fund with $450 million
FTX to Refund $16 Billion to Clients, Payments to Begin in March 2025
Trending news
MoreCrypto prices
More
