Binance, the world’s leading crypto exchange, has announced plans to delist three more spot trading pairs to continue improving its high-quality trading environment.
According to a statement released by the exchange, spot trading for DCR/BTC, PEPE/TUSD, and ZEN/ETH will cease on Dec. 13 at 03:00 UTC. This comes after Binance regularly reviews trading pairs for factors including liquidity, trading volume, and overall market quality.
The exchange warned: “The exchange strongly advises that users update their Spot Trading Bots before the service becomes disabled in order to avoid any possible losses.”
PEPE, DCR, ZEN Pairs See Delistings
Noted low trading activity was observed with the trading pairs slated for removal. Holding no sticker, the PEPE/TUSD pair posted a 24-hour trading volume of 120,279 TUSD; in comparison, ZEN/ETH only moved 16.81 ETH. Meanwhile, DCR/BTC traded just 1.41 BTC at the same time.
Though these tokens and their trading pairs have been delisted, they will still be available on Binance through other trading pairs, the exchange has clarified.
Binance is also following its routine practice of evaluating and optimizing its trading offerings. This comes after several other trading pairs were delisted on Dec. 10, including GFT/USDT, IRIS/USDT, and KEY/USDT, among others.
Binance goes on to add listings while continuing to prune underperforming trading pairs. It recently introduced perpetual trading for SPX6900, a trending meme coin, in order to continuously add new pairs to its menu.
Binance continues to release new tokens on a weekly basis, bringing tons of market momentum to the associated tokens as a result. In particular, Solana meme coin ACT and PNUT bolstered their bullish templates after their Binance debuts in late April with these two onboarding with surges in market capitalization of 1,199% and 208%, respectively.
Market activity has even been generated by announcements of Binance listings. Following news of its listing, ACX became Between Token’s native token of Across Protocol, and it surged by about 150% on Dec. 6.
Binance, being a top-ranked exchange, has to go through its periodic adjustments so that it can maintain a high-class trading environment for its users. The platform eliminates offers with declining liquidity and volume, allowing for the new, dynamic trading opportunities in the market while keeping track of what is being offered.
