Breaking News
Get 40% Off 0
Is NVDA a 🟢 buy or 🔴 sell? Unlock Now

Binance to Remove These Cardano and XRP Trading Pairs

Published May 26, 2023 06:57 Updated May 26, 2023 08:16
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
Binance to Remove These Cardano and XRP Trading Pairs
 
BTC/AUD
+2.13%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
ETH/AUD
+4.72%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
XRP/AUD
+2.69%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
ADA/AUD
+4.12%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
ADA/USD
+4.08%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
XRP/USD
+2.71%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

U.Today - has announced that it will remove several trading pairs, including those of major cryptocurrencies such as Cardano (ADA), Ripple (XRP) and Polygon (MATIC). This change, which has also impacted (SHIB) token, is set to take effect on June 1, 2023, at 6:00 a.m. UTC.

The announcement specifically targets pairs trading against the Australian Dollar (AUD). The list of affected pairs includes ADA/AUD, XRP/AUD, MATIC/AUD and the recently delisted SHIB/AUD. Other trading pairs that will be removed encompass AUD/BUSD, AUD/USDT, BNB/AUD, BTC/AUD, DOGE/AUD, ETH/AUD and GALA/AUD.

The primary reason for these changes is likely the low volume and relative unpopularity of these trading pairs. It is important to note that this decision does not reflect on the individual cryptocurrencies themselves, such as , XRP or SHIB, but rather on the specific currency pairs in question.

The move follows a recent pattern for Binance, which earlier delisted the SHIB/AUD trading pair. These decisions underscore the exchange's ongoing strategy to ensure a smooth trading experience for its users by phasing out underperforming trading pairs.

Despite these changes, users will still have the opportunity to trade these assets on other available pairs within the Binance platform. In the case of ADA, XRP and MATIC, this means that the digital assets will continue to be traded against other popular fiat currencies and cryptocurrencies.

However, Binance's announcement also brings some consequences for those utilizing trading bots. The exchange will terminate trading bot services for the aforementioned trading pairs from the same date. Binance has strongly advised users who have employed trading bots on these pairs to update or cancel their bots before the services cease, to avoid any potential losses.

This article was originally published on U.Today

Binance to Remove These Cardano and XRP Trading Pairs
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email