Time to sell? Binance announces the removal of 23 cryptocurrency pairs!!!!!
Among the affected cryptocurrencies are ARKM, CHZ, ENA, FIRO, IOTA, JOE, OMNI, REZ and SUPER. The decision, which comes into effect on August 23, 2024, surprised the crypto community and is already generating a wave of speculation about the possible impacts on the prices of these assets.
The pairs to be removed include combinations of cryptocurrencies with fiat currencies and other cryptocurrencies, such as TUSD, EUR, BTC, FDUSD, TRY and BNB.
Binance
Binance justified the decision as part of its ongoing efforts to improve trading quality and market efficiency. The exchange conducts periodic reviews of trading pairs, focusing on aspects such as liquidity and volume.
Those that do not meet the established standards are removed, in an attempt to protect users and maintain a high-quality trading environment.