Binance, the largest cryptocurrency exchange by trading volume, made new announcements for 8 altcoins. Binance’s announcements consisted of delisting and listing disclosures. Here are the details…
Binance delists 4 altcoins
As we have also reported as Kriptokoin.com, Binance, the largest cryptocurrency exchange in terms of trading volume, is removing some altcoin projects that it thinks do not meet its expectations from the platform. Today, such a news came to the fore. According to the statement of the exchange, District0x (DNT), New Bitshares (NBS), Bitcoin Gold (BTG) and Token Club (TCT) are being delisted. All trading pairs for these cryptocurrencies will be stopped trading on October 24, 2022 at 12 CEST. Here are all the removed trading pairs:
- District0x (DNT) / Tether (USDT)
- District0x (DNT) / Binance USD (BUSD)
- District0x (DNT) / Bitcoin (BTC)
- New Bitshares (NBS) / Tether (USDT)
- Bitcoin Gold (BTG) / Tether (USDT)
- Bitcoin Gold (BTG) / Binance USD (BUSD)
- Bitcoin Gold (BTG) / Bitcoin (BTC)
- Token Club (TCT) / Tether (USDT)
- Token Club (TCT) / Bitcoin (BTC)
According to the explanations, all trade orders will be canceled automatically after trading stops on each respective trading pair. After October 25, 2022, deposits will not be deposited into accounts. However, withdrawals in these cryptocurrencies will continue until January 25, 2023. The crypto loans platform will remove these tokens from the list of loan and collateral assets. In addition, these tokens will be suspended on October 14 for margin transactions. Next, positions will be closed in margin trading covering the above altcoins that will be delisted on October 21.
Binance lists three new altcoin pairs
On the other hand, the exchange announced that it has added four new trading pairs to its platform. According to the stock market’s statement, you can start trading with the following pairs on October 14, 2022, at 11 pm:
- AGIX/BUSD
- NEBL/USDT
- SNT/BUSD
Exchange expands support for Terra Classic tokens
Finally, Binance made new statements about the tokens in the Terra Classic ecosystem. The exchange announced today that it has added Terra UST Classic (USTC) as a loanable asset to Binance Crypto Loans (loan platform). He said USTC will join the list of cryptocurrencies its users can borrow to trade spot and margin.
The world’s largest cryptocurrency exchange with 24-hour trading volume currently supports a wide variety of crypto as a loanable asset on the platform. Some of the cryptos on the list are: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), BUSD and ApeCoin (APE). It is worth noting that users will need to provide collateral on any of the supported crypto assets as collateral assets before borrowing USTC. The Binance Loans platform offers options such as interest rates, maximum loanable limits.
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