The world's largest crypto exchange, Binance has announced the removal of two major NOT/BNB and RDNT/BTC spot trading pairs from its exchange. This decision comes after Binance’s regular review process, which evaluates factors like dropping liquidity and trading volume issues. If you're currently holding positions in these pairs, here's everything you need to know about.
In an announcement, Binance stated that it regularly reviews all trading pairs to ensure a smooth and efficient experience for users. They’ve decided to remove NOT/BNB and RDNT/BTC because these pairs don’t have enough trading activity and liquidity to stay on the platform.
In simpler terms, they aren’t being traded enough to meet Binance’s standards for keeping them available.
As a part of Binance's commitment to enhancing user experience, only pairs that maintain a healthy level of trading activity and liquidity are kept on the platform.
The delisting will take place on December 6, 2024, at 03:00 UTC. Meanwhile, from that moment, users will no longer be able to trade NOT/BNB or RDNT/BTC on Binance.
However, Binance will not be removing the individual tokens from the platform altogether. Users can still trade the base and quote assets of these pairs in other available markets on Binance.
If you’re using Spot Trading Bots with the NOT/BNB or RDNT/BTC pairs, you need to act quickly. Binance will stop supporting these pairs for trading bots on December 6 at 03:00 UTC. This means that any active bots using these pairs will be stopped working. So to avoid any issues or losses users are strongly advised to update or cancel their bots ahead of time.
For most users, the impact will be minimal, provided they are not heavily invested in these specific trading pairs.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。