Binance is removing several crypto pairs from its trading platform

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Cryptodnes2024/06/12 16:28

By:Cryptodnes

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.

Capital outflows from Bitcoin ETFs continue pending US inflation data

In 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.

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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.

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Cryptopolitan•2024/11/24 03:44