{"id":67010,"date":"2023-12-15T17:22:12","date_gmt":"2023-12-15T21:22:12","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=67010"},"modified":"2023-12-15T17:24:30","modified_gmt":"2023-12-15T21:24:30","slug":"binance-announces-removal-of-major-liquidity-pools","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/binance-announces-removal-of-major-liquidity-pools\/","title":{"rendered":"Binance Announces Removal of Major Liquidity Pools"},"content":{"rendered":"\n<p><a href=\"https:\/\/coinscreed.com\/staging\/binance-futures-unveils-1000rats-perpetual-contract.html\" target=\"_blank\" rel=\"noreferrer noopener\">Crypto exchange Binance<\/a> removing key liquidity pools including Polygon (MATIC), Solana (SOL), Tron (TRX), and Shiba Inu (SHIB).<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/12\/croc_1702673661526-1024x576.jpg\" alt=\"\" class=\"wp-image-67012\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/12\/croc_1702673661526-1024x576.jpg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/12\/croc_1702673661526-300x169.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/12\/croc_1702673661526-768x432.jpg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/12\/croc_1702673661526-18x10.jpg 18w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/12\/croc_1702673661526-750x422.jpg 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/12\/croc_1702673661526-1140x641.jpg 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/12\/croc_1702673661526.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The exchange announced via a blog post that it would be eliminating several <a href=\"https:\/\/coinscreed.com\/staging\/automated-market-maker-monox-raises-5m-to-launch-single-token-liquidity-pools.html\" target=\"_blank\" rel=\"noreferrer noopener\">liquidity pools <\/a>from Binance Liquid Swap, its swap service. Binance describes the measure as part of a regular review process aimed at &#8220;concentrating liquidity, reducing slippage, and providing users with better transaction prices.&#8221;<\/p>\n\n\n\n<p>Beginning on December 22, Binance is going to <a href=\"https:\/\/www.bing.com\/search?q=Binance+Announces+Removal+of+Major+Liquidity+Pools&cvid=42242bdea1bc45c389e6f91910e642ca&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIGCAEQRRg9qAIAsAIA&FORM=ANAB01&PC=WSEDDB\" target=\"_blank\" rel=\"noreferrer noopener\">eliminate the following pairs<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> of liquidity: ETH\/DAI, FIL\/BTC, LINK\/ETH, LINK\/USDT, AAVE\/BTC, ADA\/ETH, ADA\/USDT, ARB\/BTC, BCH\/BTC, DOT\/BTC, DOT\/USDT, LTC\/BNB, LTC\/BTC, LTC\/ETH, LTC\/USDT, MANA\/BTC, MATIC\/USDT, SAND\/BTC, SOL\/BTC, SOL\/BTC, UNI\/BTC, VET\/USDT, XRP\/BNB, XRP\/BTC, XRP\/ETH.<\/p>\n\n\n\n<p>On December 22, 2023, at 4:00 (UTC), Binance announced that it would automatically convert users' positions in the liquidity above pools in their spot wallets. <\/p>\n\n\n\n<p>The exchange made it clear that trading of the associated pairs on Binance remains unaffected by the elimination of the aforementioned pairs. Binance Liquid Swap is a <a href=\"https:\/\/coinscreed.com\/staging\/exploring-ai-driven-decentralized-finance-defi-platforms.html\" target=\"_blank\" rel=\"noreferrer noopener\">decentralized finance platform<\/a> that allows users to contribute liquidity to liquidity pools and earn passive income. <\/p>\n\n\n\n<p>It was launched in September 2020. Users receive fees on trades made in liquidity pools in exchange for liquidity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto exchange Binance removing key liquidity pools including Polygon (MATIC), Solana (SOL), Tron (TRX), and Shiba Inu (SHIB). The exchange announced via a blog post that it would be eliminating several liquidity pools from Binance Liquid Swap, its swap service. Binance describes the measure as part of a regular review process aimed at &#8220;concentrating liquidity, [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":67012,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[834],"tags":[326,17590],"class_list":["post-67010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-binance","tag-binance","tag-liquidity-pools"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/12\/croc_1702673661526.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/67010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=67010"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/67010\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/67012"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=67010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=67010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=67010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}