Binance Exchange is going to remove a number of trading pairs from the listing. Some of these include assets which previously distributed through the initial public offering on the Launchpad platform.
According to representatives of Binance, this is done “to increase liquidity and improve the trading experience for users.”
Shortly before the announcement of delisting, Binance announced the launch of a market maker program, which also aims to increase the liquidity of the exchange. Users who reach a trading volume of 1000 BTC within 30 days will be able to count on lower commissions and higher API limits.
However, it plans to improve liquidity and user trading experience among the wide range of available assets, where it will remove and cease trading on the following trading pairs:
“We will have more data, no more specific pairs, on more exchanges in our next report.”
Source: Binance.com and Blockchain Journal
Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.
Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.
We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.
Bitso, the Mexico-based cryptocurrency exchange, has concluded a $250 million Series C capital raise, putting it in the upper echelons of Latin America’s fintech industry. It has been reported that the latest...
New York Digital Investment Group (NYDIG) has partnered with Fidelity National Information Services (FIS) to provide a framework for United States banks to offer crypto trading services to their customers. Patrick...
Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with experience of 1.5 years. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space. She loves writing about blockchain and other blockchain-related articles.
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.