Major Binance Announcement Affecting Many Altcoin Traders: Details

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Major Binance Announcement Affecting Many Altcoin Traders: Details
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Despite the delisting, most involved cryptocurrencies remain unaffected in price, with only MEME seeing a slight decrease, while the rest are benefiting from the overall bullish market.The world’s largest cryptocurrency exchange continues to implement changes on its platform “to protect users and maintain a high-quality trading market.” Its latest amendment includes the removal of several trading pairs, such as DOT/TUSD, SAND/BNB, MAGIC/FDUSD, MEME/BNB, XAI/TUSD, and ACE/BNB.

price decline usually occurs when Binance halts all services with a specific digital asset, not only certain trading pairs. A similar thing happened earlier this week when Binance terminated trading services with OmiseGO , Waves , Wrapped NXM , and NEM removing trading pairs due to poor liquidity, level and quality of development activity, and other reasons, Binance frequently introduces new ones to users.BTC/MXN, XRP/MXN, ENS/USDC, and LDO/USDC on Binance Spot. Two of those touch upon the Mexican peso – the national currency of the Latin American country.

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