Binance, the world’s largest Bitcoin and altcoin exchange with daily trading volume, made a new announcement. According to the announcement, the exchange is delisting some trading pairs for 20 altcoins. Here are the details…
Binance announces delisting for altcoin projects
As we have also reported as Kriptokoin.com, an important statement has come from Binance, the world’s largest cryptocurrency exchange. The exchange will gradually delist 21 crypto currency pairs on May 26. In the morning of 26 May, at 06:00 CET, the following couples will be delisted:
- APT/BRL
- AMP/BTC
- BEL/ETH
- FIS/BRL
- GAL/ETH
- GMT/BRL
Then, again on May 26, but at 8:00 am, the following couples will be delisted:
- APE/AUD
- AVAX/AUD
- DOT/AUD
- FTM/AUD
- LINK/AUD
- SAND/AUD
- SHIB/AUD
Finally, on May 26, at 09:00 CET, the following pairs are traded:
- GMT/GBP
- JASMY/BTC
- KP3R/BNB
- REI/BNB
- SANTOS/BRL
- STMX/BTC
- XTZ/BNB
Why is the stock market delisting these coins?
Although these trading pairs will be delisted, the cryptocurrencies mentioned above will continue to be available on the exchange. Therefore, users will be able to continue trading these crypto assets with other trading pairs. Binance’s decision to delist these trading pairs is part of its ongoing efforts to optimize and streamline its trading platform. The exchange aims to increase liquidity and trading efficiency for its users by removing certain trading pairs.
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