Binance’s US arm said that only 10 trading pairs were removed after the lawsuit.
It has been reported that Binance US has delisted about 40 pairs recently. However, the stock market said in a statement that only ten pairs were delisted.
Binance US Announces Removed Trading Pairs
Binance US said it will now only delist 10 trading pairs, following a lawsuit filed against it by the Securities and Exchange Commission (SEC) earlier this week.
Binance US has announced an update on this cone. The statement included the following:
Trading pairs to be removed include ATOM/BTC, BCH/BTC, DOT/BTC, LRC/BTC, MANA/BTC, UNI/BTC, VET/BTC, XTZ/BTC, HBAR/BUSD and ONE/BUSD.
Binance.US initially announced that it plans to delist about a third of its total trading pairs. They also stated that they will stop trading pairs that allow buyers and sellers to trade without using the OTC Trading Portal, an “over-the-counter” trading system.
“Your assets will remain safe and secure with Binance US, and deposits and withdrawals will continue as normal,” the company explained.