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Home News Crypto

Binance and Bitget to Delist VIDT Trading Pairs Amid Liquidity Concerns

15 April 2025
in Crypto, News
Reading Time: 3 mins read
107 3
Binance and Bitget to Delist VIDT Trading Pairs Amid Liquidity Concerns

Source: U.Today

Binance and Bitget are set to delist trading pairs involving VIDT due to market quality and low liquidity concerns. Binance announced it will remove the VIDT/BTC spot trading pair earlier than planned, with trading now ending on April 15, 2025, at 08:30 UTC.

This decision follows a performance assessment and is part of a broader initiative to enhance trading quality by eliminating pairs with insufficient volume or liquidity.

While the VIDT/BTC pair is being retired, Binance confirmed that trading for VIDT and BTC will continue through other pairs on the platform. In addition, all Spot Trading Bots linked to VIDT/BTC will be disabled when delisting. Users are advised to cancel or adjust these bots in advance to prevent trading disruptions or losses.

Meanwhile, Bitget will also delist the VIDTUSDT pair from its futures trading and futures trading bots on April 16, 2025, at 3:00 PM (UTC+8). The exchange will begin simultaneously restricting new future positions for VIDTUSDT from April 14. Existing trades, including take-profit and stop-loss functions, will remain operational until the final cutoff.

Traders still holding open VIDTUSDT futures positions must close them before the deadline. Bitget has confirmed that any remaining positions will be automatically closed, with all open orders cancelled once the pair is delisted.

The removal will impact futures trading bots, disabling functions like publishing, purchasing, and cancelling all active bot orders. Users will still have access to historical data related to these bots. Both exchanges regard the delistings as routine maintenance and asset evaluations, encouraging users to adjust their positions and bots promptly to prevent unintended consequences.

Meanwhile, Binance launched KernelDAO (KERNEL), a restaking protocol behind Kernel, Kelp, and Gain, as the fourth project on its Megadrop platform. The initiative offered users new ways to engage in DeFi through staking and rewards. The KERNEL Megadrop began on April 9, 2025, at 00:00 UTC, allowing eligible participants to earn token incentives.

 

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: BINANCEBITGETVIDT
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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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