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Crypto

Binance Removes Seven Spot Trading Pairs in Market Optimization Move

Guavy AI Editorial Team
Instruments
BNB USDC LTC SUI ILV HIVE NMR STEEM
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Binance has announced that it will remove seven spot trading pairs from its platform on August 21 at 03:00 UTC. The affected pairs include SUI/BNB, LTC/BNB, ILV/USDC, HIVE/USDC, F/USDC, NMR/USDC, and STEEM/USDC.

The removal of these pairs is part of Binance's regular market optimization process. This means that the exchange will be concentrating liquidity in stronger markets by removing weaker ones.

The key point to note here is that Binance is not delisting SUI, LTC, or any other underlying assets from its platform entirely. Traders will still be able to use other available pairs for these assets.

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