Binance, the world’s largest Bitcoin and altcoin exchange by trading volume, made new announcements for 6 cryptocurrencies. According to the announcements, various trading pairs will be removed from the platform in the coming days, and various trading pairs will be added to the platform. The exchange also announced that it has completed the transition of GXChain to REI Network (REI). Here are the details…
Two trading pairs are added to Binance and three pairs are delisted
As we have also reported as Cryptokoin.com , it is the largest trading pair in terms of trading volume. In the first announcement of the major crypto exchange Binance, there is information that two trading pairs have been added to the platform. According to the announcement, Binance will open Algorand (ALGO) / Turkish Lira (TRY) and Project Galaxy (GAL) / Ethereum (ETH) pairs on May 20, 2022 at 13:00 Turkish time.
On the other hand, Binance has stated that it will remove and stop trading on the Reef Finance (REEF) / Bitcoin (BTC) margin pair on May 25, 2022, 6 ET. . The REEF/BTC suspension of isolated and cross-margin borrowing will begin on the morning of May 23. On May 25, Binance will close users’ positions, make an automatic payment and cancel all pending orders on the REEF/BTC isolated and cross margin pair, and then delist the isolated and cross margin pair REEF/BTC.
In spot pairs, on May 26, 2022, at 6 CEST, Travala.com (AVA) / BNB (BNB), Harvest Finance (FARM) / BNB (BNB), Reef Finance (REEF) / Bitcoin (BTC) ) for trading will be stopped. Users will still be able to trade these assets with other trading pairs available on Binance.
Binance completes REI transition of altcoin GXS
Binance, GXChain (GXS) mainnet swap (mainnet swap) and Completed the transition plan to REI Network (REI). So now GXS has been renamed to REI. REI distribution occurred at a rate of 1 GXS = 10 REI. Deposits and withdrawals are opened for REI. Users will be able to use the conversion function to exchange GXS tokens for REI tokens. Withdrawal of GXS tokens will no longer be possible. Users will be able to see their REI deposit addresses on the REI Network on the crypto deposit page.
