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Binance Announces Major Trading Pairs Removal in 2023
Abstract：Binance announces the removal of select trading pairs in 2023 to ensure market quality. Traders advised to adjust strategies and consider BUSD asset conversion opportunities.
In a pivotal move to ensure user protection and uphold the quality of its trading market, Binance recently announced the Binance removal of trading pairs for 2023. This Binance delisting announcement was made on 2023-09-15, highlighting the significant changes in its trading pairs landscape.
The trading community must be aware of the following removals:
- Binance AMB/BUSD, ASTR/BUSD, BAT/ETH delisting will happen on 2023-09-15 03:00 (UTC).
- Binance DASH/BUSD, GMX/BUSD, and HOT/BUSD removal are also scheduled at the same time.
- By 2023-09-15 05:00 (UTC), the Binance IMX/BNB, KNC/BNB, MC/BUSD trading pair removal will be in effect, alongside the Binance MDT/BUSD, NULS/BUSD, RAD/BUSD, RAY/BUSD, REQ/BUSD delist.
Last but not least, traders should brace for the Binance SSV/BUSD, STMX/BUSD, TROY/BUSD, and WOO/BUSD termination at 2023-09-15 07:00 (UTC).
Despite these removals, Binance assures users that the delisting of a specific spot trading pair doesn't equate to the unavailability of those tokens on Binance Spot. In other words, users will still have avenues to trade using the base and quote assets of these delisted pairs on other available trading combinations within the platform.
Adding to the list of updates, Binance has also conveyed its decision to terminate Spot Trading Bots services for the affected spot trading pairs. This Binance Spot Trading Bots services termination for 2023 has precise timings: 03:00 (UTC), 05:00 (UTC), and 07:00 (UTC) on the 15th of September. Active traders using these bot services are highly advised to adjust or cancel their trading bots to prevent potential trading setbacks.
Moreover, Binance is nudging users to take action concerning their BUSD assets. With a recommendation to convert BUSD assets on Binance by February 2024, they've sweetened the deal, allowing users to trade their BUSD for FDUSD with zero trading fees. An alternative option provided is to switch BUSD balances to FDUSD at a straightforward 1:1 rate via Binances conversion portal.
Finally, any potential confusion arising from translated versions of these announcements should be clarified with the original English version, as it takes precedence.
To keep abreast of such crucial updates, Binance encourages users to download the WikiFX App on their smartphones. The application can be accessed through the link: https://www.wikifx.com/en/download.html.
All traders, especially those involved with the mentioned trading pairs, are advised to act swiftly to ensure smooth trading experiences.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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