Binance continues to make arrangements in the crypto money market. In his announcement, the stock market announced that five spots will be mad. This change, which will enter into force on 21 February 2025, is made as part of Binance’s goal of increasing its market productivity.
Which processing pairs will be mad?
According to Binance’s statement, the spot processing couples to be delisting are:
- DOGS/BRL
- FET/BRL
- NEIRO/BRL
- NEIRO/EUR
- Note/EUR
This process does not mean that the couples are delisting, the relevant tokens are completely mad. Binance said that users can continue to buy these tokens through other active trading pairs. For example, when the DOGS/BRL processing pair is delisting, users can evaluate Dogs with a different processing pairs.
Binance warned users early
Binance announced that these changes would enter into force on February 21st and gave information to the investors in advance. In this way, investors using the relevant transaction pairs will be able to switch to alternative pairs by reviewing their strategies.
The stock market also stressed that BRL (Brazil Real) and EUR (euro) are nominal currencies and did not represent any digital existence. For this reason, the tokens in the crazy processing pairs can be matched with other crypto currencies and the purchase and sale can be continued.
Why does Binance Delist?
Binance regularly reviews the process pairs according to certain market criteria. Such delist decisions are taken due to low trading volume and liquidity. Processing couples with inadequate volume can adversely affect the market experience by making trading processes inefficient.
Although the stock market does not specify a precise reason for the couples to be delisting, it is thought that this decision is taken to ensure that the market is more healthy. Binance aims to keep the most efficient and liquid pairs on the platform by constantly updating the listed process pairs.
How will Spot Processing Boots be affected?
Binance announced that with the delisting of process pairs, Spot Processing Boots will no longer support these pairs. Users were reminded that they should update or cancel the automatic trading boots until 21 February. Otherwise, investors using these boots may face damage.
This change made within the scope of Binance’s regular market reviews is seen as part of the stock market’s effort to make the trading platform more efficient and user -friendly.
