In their latest update, Binance, the global leader in cryptocurrency exchanges, disclosed that they will be removing 12 trading options for spot markets. This action aligns with Binance’s routine evaluation of financial markets.
In order to safeguard users and ensure a top-notch trading environment, Binance routinely examines all the listed spot trading pairs. If necessary, certain trading pairs might be removed due to factors like insufficient liquidity or minimal trading activity.
As a crypto investor, I’ve learned from Binance’s latest announcements that they will be discontinuing and halting trading for the following spot pairs: BNX/BTC, CATI/BNB, CATI/BRL, CHZ/FDUSD, DOGS/BNB, GTC/BTC, HIGH/BTC, LISTA/BRL, NOT/BRL, PIXEL/BTC, TKO/BTC, and TWT/BTC, effective as of January 17, 2025, at 3:00 a.m. (UTC). It’s crucial for me to adjust my investment strategy accordingly before that date.
Despite removing the specific spot trading pairs, these tokens remain accessible on Binance Spot. Users are still able to trade the base and quote assets from those pairs in other available trading options within Binance.
Dates to keep in mind
Previously noted, Binance plans to halt and stop all spot trading pair transactions on January 17, 2025, at 3:00 PM (UTC) as previously mentioned.
According to their latest statement, Binance is going to stop providing Spot Trading Bot services for all applicable spot trading pairs. It’s crucial that users either update or cancel their active Spot Trading Bots prior to the specified date to prevent any possible financial losses.
On January 22nd at 9:00 a.m. UTC, Binance Futures will wrap up all positions and perform an automatic payout on the REEFUSDT perpetual contract. Following this process, the contract will no longer be available for trading as it will be removed from the platform.
On January 15th, at 7:30 a.m. UTC, Binance Futures made some adjustments to the leverage and margin levels for the REEFUSDT perpetual contract. But don’t worry if you already had open positions prior to the update; they won’t be affected by these changes.
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2025-01-15 18:25