Binance has announced plans to delist three spot trading pairs to ensure a high-quality trading experience.
In a December 12 announcement, the exchange said it would delist spot trading for DCR/BTC, PEPE/TUSD, and ZEN/ETH. Trading for these pairs will end on December 13 at 03:00 UTC.
This decision is part of the exchange’s regular review process, where trading pairs are evaluated based on factors like liquidity, trading volume, and market quality. Pairs that no longer meet the required standards are removed.
The announcement advised users to update or cancel their Spot Trading Bots before the service ends to avoid possible losses.
At the time of the announcement, the 24-hour trading volume for the PEPE/TUSD pair was 120,279 TUSD, the ZEN/ETH pair had 16.81 ETH, and the DCR/BTC pair had 1.41 BTC.
Binance also clarified that removing these trading pairs does not mean the tokens are being removed from the platform. Users can still trade these tokens through other available pairs.
This latest removal comes after the exchange delisted several spot trading pairs on December 10, including GFT/USDT, IRIS/USDT, KEY/USDT, OAX/BTC, OAX/USDT, REN/BTC, and REN/USDT.
Meanwhile, Binance has been adding new offerings. The exchange recently introduced perpetual trading for the popular SPX6900 meme coin.
Being a top-tier exchange, Binance listings often lead to significant price increases for the listed tokens. Recently, meme coins have seen the most benefit from this trend.
Last month, two Solana-based meme coins, ACT and PNUT, saw huge growth after being listed on Binance. Their market caps grew by 1,199% and 208%, respectively.
Furthermore, In some cases, just the announcement of a Binance listing can cause tokens to rise, as seen with ACX, the native token of Across Protocol, on December 6. The token jumped about 150% after Binance announced it would list it.
