Binance Upgrade to Pause Trading, Delist Multiple Crypto Pairs
Binance, the world's largest cryptocurrency exchange, announced that it will conduct a major scheduled upgrade on Saturday. This upgrade will pause certain trading activities on its CEX, which may impact users' ability to buy and sell cryptocurrencies.
The firm also listed numerous trading pairs that will be delisted as part of this process, including at least one pair measured against BTC. This delisting creates short-term liquidity and market access risks for the affected tokens.
According to the announcement, the upgrade is scheduled to take place on Saturday, with no specific time mentioned. The impact of this upgrade on users' trading activities will be significant, especially considering that Binance handles a substantial portion of the global cryptocurrency trade volume.