.Binance delisting two ADA and MATIC pairs
Binance exchange did not reveal the exact reasons why it plans to withdraw its support for these trading pairs; however, the brokerage firm advised its users to close their positions before Aug. 17 by 9:00 a.m. UTC. According to Binance, an automatic settlement will be carried out on the due date, and the selected pairs will be delisted afterward.
The leverage and margin tiers of the ADABUSD and MATICBUSD perpetual contracts are quite risky products to offer, and seeing as BUSD has also been placed on the regulator's securities tag radar, delisting the pairs appears to be the right move. Other top trading platforms like Robinhood and eToro have also delisted the Cardano, Polygon, and Solana pairs, asAlthough the U.S. SEC has not directly charged the start-ups behind each of these impacted coins, a
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