Giant crypto currency exchange Binance, some Algo and atomic trading parities are planned to remove the list announced. This move of the stock market increases concerns about Algo and atomic prices. However, due to a wider crypto market trend, two Altcoin is trading in green today.
Binance will mad the 5 -process parity for these 2 tokens!
Kriptokoin.comAs you have followed, it continues to update the lists of crypto exchanges. Binance, the world’s largest crypto currency exchange, announced on February 21 at 09:00 to remove five trading parities for Algo and atom. In this context, the stock market, Algo/USDT, Algo/USDC, atom/USDT, atom/FDUSD and atomic/USDC will delist the process pairs.
According to the official announcement, Binance carries out this move to develop liquidity and services for the gigantic user base. Following a comprehensive and regular examination process of ‘Bilateral Investment’ token parities, Binance decided to remove the above mentioned parities from the list.
More information about the process of removing the list
In addition, Binance added that users will no longer subscribe to these parities after being removed. The existing subscriptions will remain without damage and a compromise will be realized after the expiry of the time. The removal of one of the largest crypto exchanges from the list may lead to a gloomy appearance for assets due to the reduction of bids in the market. For this reason, this move of Binance led to investor concerns.
Algo and atomic price performance
Kriptokoin.comAs you have followed from Binance, recently announced that it has removed certain dogs, feties, notes and Neiro trading parities. As a result, these coins have faced fluctuations by challenging the wider market rise trend today. In addition, EMB, VITE, STMX and CLV tokens witnessed a price collapse with their removal from the list on the same stock exchange. Following these variable actions, investors continue to worry about the next Algo and atomic price actions.
The price of Algo was faced with turbulence. Altcoin was traded for $ 0.2668 with an increase of approximately 2.36 %on a daily basis. The lowest 24 -hour and highest price of crypto currency was $ 0.2568 and $ 0.269, respectively. On the other side, the atomic price increased by 4.82 %during the day to 4.89 dollars. Crypto money made a bottom and peak with $ 4.62 and $ 4.91, respectively.
