Binance, the largest cryptocurrency exchange globally, has announced that it will delist 11 spot trading pairs from its platform on December 27, 2024.
This decision is part of Binance’s ongoing evaluation process, which aims to maintain the efficiency and responsiveness of the platform to market shifts. The delisting of these trading pairs is driven by factors such as low liquidity and trading volume.
The affected trading pairs are ACE/BTC, ACM/TRY, BOME/BTC, DYM/BTC, MTL/TRY, PIXEL/BNB, PIXEL/FDUSD, QKC/BTC, RAD/BTC, REZ/FDUSD, and TUSD/TRY. However, users will still be able to trade the underlying tokens through other active trading pairs on Binance.
The projects behind the delisted trading pairs cover various sectors in the blockchain space. For example, Fusionist (ACE) is a blockchain-based AAA game that incorporates advanced rendering technologies. AC Milan Fan Token (ACM) offers unique ways for football fans to connect with their team, while Book of Meme (BOME) provides a meme token on Solana.
Other projects, such as dYmension (DYM), a settlement layer in the Cosmos network, and Metal (MTL), a platform that rewards users for crypto-fiat conversions, have also been affected. Additionally, QuarkChain (QKC), Radworks (RAD), Renzo (REZ), and TrueUSD (TUSD) – a stablecoin pegged to the U.S. dollar – are among the trading pairs being delisted.
These adjustments demonstrate Binance’s commitment to maintaining a high-quality and user-friendly trading environment. By removing pairs that no longer meet its standards, the exchange aims to stay competitive and aligned with the evolving needs of its global user base.