News

Binance Delisting ACM/BUSD and BAR/BUSD Trading Pairs on July 26!

Key Points:

  • Binance delists several trading pairs: ACM/BUSD, ALPACA/BUSD, BAR/BUSD, LSK/BUSD, QTUM/BUSD, and TFUEL/BUSD. This move takes effect on July 26, 2023, at 03:00 (UTC).
  • Binance prioritizes a seamless trading experience by assessing trading pairs for required liquidity and trading volume standards. The delisted pairs no longer meet these criteria.
  • Binance encourages traders to transition to alternative trading pairs that support ACM, ALPACA, BAR, LSK, QTUM, and TFUEL. The exchange remains committed to delivering an enhanced trading environment.
Binance has revealed its decision to remove several spot trading pairs from its platform.

The affected pairs include ACM/BUSD, ALPACA/BUSD, BAR/BUSD, LSK/BUSD, QTUM/BUSD, and TFUEL/BUSD. This move is scheduled to take effect on July 26, 2023, at 03:00 (UTC).

The decision to delist these trading pairs is part of Binance’s ongoing efforts to optimize its trading ecosystem and provide users with a seamless and efficient trading experience. The exchange regularly assesses its trading pairs to ensure that they meet the required liquidity and trading volume standards. As a result, some pairs that no longer meet these criteria are removed from the platform.

Although these specific trading pairs will be discontinued, Binance assures users that they will still have ample options to trade the affected coins. The exchange hosts a wide range of trading pairs, allowing users to seamlessly switch to other available pairs that support ACM, ALPACA, BAR, LSK, QTUM, and TFUEL.

Binance will also terminate the trading robot service for the aforementioned spot trading pairs at the same time, 03:00 (UTC) on July 26, 2023. Trading robots, also known as automated trading bots, are designed to execute trades on behalf of users based on predefined strategies. The discontinuation of this service for the affected pairs will align with Binance’s focus on providing optimal and secure trading services.

For users who have open positions in the ACM/BUSD, ALPACA/BUSD, BAR/BUSD, LSK/BUSD, QTUM/BUSD, or TFUEL/BUSD trading pairs, Binance advises taking appropriate measures ahead of the scheduled cessation. Traders are encouraged to monitor their positions and make any necessary adjustments to ensure a smooth transition to alternative trading pairs.

Binance remains committed to its user base and continually evaluates its offerings to deliver an enhanced trading environment. The exchange encourages users to stay informed about any further updates through official channels to remain up-to-date with the evolving crypto trading landscape.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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