Binance Delists Trading Pairs, Affects ENJ, GENIUS, CVX, and More
Binance has announced that it will be delisting several trading pairs from its platform by September 18. The exchange claims to regularly review its listed pairs and remove those that no longer meet certain criteria, such as liquidity and development activity.
The affected trading pairs include ENJ/USDC, GENIUS/USDC, CVX/USDC, VANA/USDC, BREV/USDC, COOKIE/USDC, LA/USDC, and QNT/USDC. These delistings are part of the exchange's regular review process and do not necessarily indicate any issues with the underlying assets.
Binance has emphasized that users will still be able to trade the base and quote assets on other available trading pairs on its platform. This move may have contributed to the decline in value for some of the affected cryptocurrencies, but it is unclear whether Binance's decision is the sole cause of their poor performance.