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- Binance plans to remove nine non-performing trading pairs from its spot trading.
- The to-be-delisted pairs include fan tokens of the English Football League’s Manchester City and PSG.
- Binance will terminate the outlined pairs effective Friday, January 12.
Popular crypto exchange Binance has announced plans to discontinue support for at least nine digital asset pairs on its platform. The exchange communicated the development via a statement on its official blog early today.
According to the official statement, the move aligns with its routine practice of protecting users and maintaining high trading quality. This periodic action sieves out trading pairs from the exchange’s spot trading platform, particularly non-performing trading pairs.
During this review, Binance identified nine such pairs, notably including the Bitcoin pairs of Manchester City Fan (CITY), Multichain (MULTI), and PSG. It also included BNB pairs of Contentos (COS), COTI, and FÚN. Other pairs include FLOKI/TUSD, HIFI/ETH, and LTC/UAH.
Per the notification, Binance will terminate the outlined pairs effective Friday, January 12. In addition, Binance will terminate all applicable Spot Trading Bots services attached to the delisted trading pairs on Friday.
Meanwhile, the exchange noted that removing a spot trading pair does not impact the accessibility of the individual tokens on Binance Spot. In other words, Binance users can continue to engage in transactions involving the quoted assets of the delisted trading pair through other available trading pairs on Binance.
Notably, Binance has warned traders of these trading pairs to avoid potential losses that could arise from the deactivation of the bots. Affected users are encouraged to update or cancel all their trading bot services before January 12 at 03:00 (UTC).
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