Binance will discontinue five spot trading pairs, including ALPINE/EUR, as part of market quality management.
Binance, the world’s leading cryptocurrency exchange, has announced the removal of five spot trading pairs from its platform in an effort to maintain a high-quality trading environment. This decision comes as a result of the latest periodic review of the exchange, which evaluates factors such as liquidity and trading volume.
Maintaining market integrity
In line with its commitment to consumer protection and market integrity, Binance regularly evaluates all listed spot trading pairs. The exchange has a strict delisting process that aims to provide the best trading experience for its users and maintain the standards of its trading environment.
Affected trading pairs
As of March 1, 2024, at 03:00 UTC, the following spot trading pairs will no longer be available on Binance:
ALPINE/EUR
GMT/BNB
LAZIO/EURO
POLS/BNB
PORTO/EURO
Binance emphasizes that the removal of these spot trading pairs does not affect the availability of these tokens on the platform. Users can continue to trade these assets on other available trading pairs on Binance.
Implications for users of spot trading bots
For users using spot trading bots for the affected pairs, Binance will terminate these services at the same time the pairs are removed. Users are advised to update or cancel their spot trading bots before March 1, 2024 to prevent potential trading losses.
User Guide
Binance has provided guidance on how to view token removal information and spot trading pairs available in their support center. They also offer a comprehensive FAQ section on removal guidelines to help users navigate the changes.
Binance’s current commitment
This announcement reflects Binance’s ongoing efforts to adapt to the dynamic cryptocurrency market while ensuring compliance with regulatory standards and protecting the interests of users. The exchange continues to adapt its offerings to align with consumer demand and market conditions.
Binance advises all its users to be informed through official channels and manage their trades accordingly in light of the removal of these trading pairs.
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