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Home News Crypto

Binance to Delist DCR/BTC, PEPE/TUSD, and ZEN/ETH Trading Pairs in Quality Maintenance Move

11 December 2024
in Crypto, News
Reading Time: 3 mins read
112 1
source: binance.com

source: binance.com

Binance has announced its plan to remove three spot trading pairs to maintain the quality and integrity of its trading platform.

In a December 11 announcement, Binance decided to delist the DCR/BTC, PEPE/TUSD, and ZEN/ETH spot trading pairs. Trading for these pairs will end on December 13 at 03:00 UTC. This decision follows Binance’s routine market review, during which trading pairs are evaluated based on liquidity, trading volume, and overall market performance. Pairs that fail to meet the platform’s standards are removed.

“Users are strongly advised to update and/or cancel their Spot Trading Bots prior to the cessation of Spot Trading Bots services to avoid any potential losses,”

the announcement noted. 

Binance clarified that the delisting of these trading pairs does not mean the tokens are being removed from the platform. Users can continue trading the affected assets through other available pairs. Due to compliance concerns, the latest purge follows the exchange’s delisting of several spot trading pairs on December 10. 

On October 23, 2024, the Crypto Exchange announced the delisting of four tokens: Unifi Protocol DAO (UNFI), Ooki Protocol (OOKI), Keep3rV1 (KP3R), and Rupiah Token (IDRT), effective November 6 at 03:00 UTC. Trading pairs like UNFI/BTC and OOKI/USDT will be suspended. The exchange cited concerns about project development, network stability, and regulatory compliance as reasons for the decision, emphasizing its commitment to user protection and a secure trading environment.

Meanwhile, Binance continues to expand its offerings with new listings, recently launching trading for Magic Eden’s native token, ME, on December 10 at 15:00 UTC. Available trading pairs with open deposits include ME/BTC, ME/USDT, ME/FDUSD, and ME/TRY. Classified as a “seed” token, ME requires users to complete a quiz and agree to terms every 90 days for trading access. This development marks a significant milestone for the Solana-based NFT marketplace.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: BINANCEDCRPEPEZEN
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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