Binance Announces Removal of Several Spot Trading Pairs, Affecting AI/TUSD and Others
Jessie A Ellis Jul 03, 2024 12:18
Binance will remove multiple spot trading pairs, including AI/TUSD and ETH/AEUR, effective July 5, 2024, to maintain market quality.
Binance, one of the world's leading cryptocurrency exchanges, has announced the removal of several spot trading pairs to protect users and maintain a high-quality trading market. This decision follows periodic reviews conducted by Binance, which take into account factors such as liquidity and trading volume, according to Binance.
Delisted Trading Pairs
Effective July 5, 2024, at 03:00 (UTC), the following spot trading pairs will be removed and trading will cease:
- AI/TUSD
- BTC/AEUR
- CHR/BNB
- ETH/AEUR
- GAS/FDUSD
- LQTY/FDUSD
Impact on Spot Trading Bots
Binance will also terminate Spot Trading Bots services for the aforementioned pairs at the same time. Users are strongly advised to update or cancel their Spot Trading Bots before the cessation of services to avoid potential losses. This precaution is crucial as Spot Trading Bots will consistently execute all orders as soon as the specified intervals are reached, even in volatile market conditions.
Regulatory Compliance and Risk Disclaimer
Binance has also issued a disclaimer noting that digital asset prices are subject to high market risk and price volatility. The value of investments may go up or down, and users may not get back the amount invested. It is emphasized that past performance is not a reliable indicator of future performance. Investors are urged to carefully consider their investment experience, financial situation, investment objectives, and risk tolerance, and to consult an independent financial adviser if necessary.
Furthermore, Binance reserves the right to amend or cancel this announcement at any time and for any reasons without prior notice. The company also highlights the importance of consulting the original English version of the announcement for the most accurate information, as there may be discrepancies in translated versions.
This move is part of Binance's ongoing efforts to ensure a secure and efficient trading environment for its users. The exchange continues to adapt to market conditions and regulatory requirements, aiming to provide the best possible service to its global user base.
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