Binance, the world’s largest cryptocurrency exchange by total trade volume, is preparing to remove some cryptocurrency trading pairs from its platform.
2 major announcements from Binance
According to the statement from Binance’s official Twitter account, as of September 18, the following trading pairs will be removed from the platform;
“BAND / BNB, BAT / BNB, BCH / TUSD, BIFI / BNB, BLZ / BNB, BTC / IDRT, BTC / VAI, CRV / BNB, ICX / BNB, JST / BNB, LINK / TUSD, MKR / BNB, NAV / ETH, ONT / BNB, SHIB / RUB, SUSD / BTC, UNFI / BNB, WING / BNB, WNXM / BNB, YFI / BNB ”
Trading Pair Deletion Notice – 2021-09-18https: //t.co/24cO7oHbMk
– Binance (@binance) September 17, 2021
Although Binance does not give a reason to remove this trading pair from the platform, it can be said that it is actually a low-volume pass. While Binance has removed some cryptocurrency trading pairs from its platform, it has decided to add a few to its platform.
According to the announcement made by Binance on the same day, starting today, investors will have 6 new crypto currency trading pairs. These cryptocurrencies are listed below:
“ALGO / BIDR, CAKE / AUD, FTM / BIDR, KSM / AUD, SUN / BUSD and WAVES / RUB”.
Binance emphasized that the fiat currencies specified as RUB and AUD do not represent digital money and are only fiat money.
Apart from that, SUN, CAKE and ALGO, which are popular cryptocurrencies of the last few days, seem to reach a higher trading volume with the new trading pair.