Binance has announced the delisting and cessation of trading for several spot trading pairs effective from July 13th, 2023.
Effective from 06:00 on July 13th, 2023, the following spot trading pairs will be removed from Binance: API3/BUSD, BLZ/BUSD, GHST/BUSD, NEXO/BUSD, STPT/BUSD, and WIN/BUSD.
While Binance has not provided a specific reason for the delisting, it is likely due to low liquidity or trading volume. The exchange regularly reviews and adjusts its spot trading pairs to enhance the trading experience for its users.
The delisting will impact users who hold any of the affected spot trading pairs. After the specified date and time, trading of these pairs will no longer be possible on Binance.
However, users can still buy and sell the assets in other available trading pairs on the platform.
Additionally, Binance will terminate its Trading Bots services for the affected pairs at 06:00 on July 13th, 2023.
Trading Bots are automated tools that assist users in executing trading strategies based on predefined rules and market conditions.
To avoid losses or disruptions, users should update or cancel their Trading Bots for API3/BUSD, BLZ/BUSD, GHST/BUSD, NEXO/BUSD, STPT/BUSD, and WIN/BUSD before the service stops.
Binance has provided the following advice to users prior to the delisting:
- Cancel all pending orders for the affected pairs before 06:00 on July 13th, 2023.
- Transfer balances of the affected pairs from the Margin Wallet to the Spot Wallet before 06:00 on July 13th, 2023.
- Top up margin balances if there are any open margin positions for the affected pairs before 06:00 on July 13th, 2023.
- Update or cancel Trading Bots for the affected pairs before 06:00 on July 13th, 2023.
Furthermore, Binance encourages users to reach out to its customer support team with any questions or concerns regarding the delisting of the spot trading pairs.
