
Bitcoin (BTC) Pairs Targeted in New Binance Delisting: Details from U.Today
Binance has once again undertaken its regular system maintenance by delisting specific trading pairs from its platform. In its latest announcement, the exchange indicated that several pairs will be removed, including some BTC trading pairs.
### Binance Delists BTC Pairs
According to Binance, effective July 8, the platform will cease support for certain pairs on its Cross Margin market, as well as DGB/BTC and TLM/BTC on its Isolated Margin market. Token delisting is a common practice for Binance, which is recognized as the largest cryptocurrency exchange by daily trading volume. Over recent years, Binance has been actively expanding its offerings by listing various token pairs.
The decision to delist a trading pair typically hinges on market trends, and the criteria for listing can shift over time. Generally, trading pairs are removed when their trading volume falls below a certain threshold or due to regulatory factors.
In light of these changes, Binance has advised users with open trades in the affected pairs to close their positions before the deadline. Users who cannot do so will have their trades automatically settled, with any remaining balance transferred to their spot wallets.
### Binance’s Adaptive Market Strategy
Throughout its operations, Binance has frequently adjusted its listings, demonstrating a commitment to maintaining its leadership position in the industry. While the exchange often makes headlines with its delisting announcements, it usually balances these actions with the introduction of new trading pairs.
Recently, there was misinformation regarding the delisting of SHIB trading pairs. However, Binance clarified that it has not removed SHIB from its offerings, dispelling the rumors that circulated after the announcement of other delistings.
This article summarizes the current developments regarding Binance’s token listings and delistings in the cryptocurrency market.