Binance Cuts GALA and PERP Pairs: Low Trading Activity Cited
- Binance announced it will delist GALA/BNB and PERP/BTC trading pairs.
- The delisting is part of Binance’s periodic review and adjustments.
- GALA and PERP prices remain adamant after the delisting announcement.
Binance has announced its decision to delist the GALA/BNB and PERP/BTC trading pairs from its spot trading platform. In their blog post, the exchange clarified that the removal of these specific spot trading pairs will not impact the overall availability of the GALA and PERP tokens on the Binance spot market.
According to the announcement, Binance users will still be able to trade the base and quote assets of these pairs through other trading options available on the platform. However, Binance also stated that it will be terminating any spot trading bots that are currently linked to the trading pairs slated for delisting.
The exchange is advising users who have active bots to adjust their trading strategies accordingly to avoid any potential losses that might occur when the pairs are officially removed.
Why is Binance Removing These Trading Pairs?
It is worth noting that Binance regularly reviews the various cryptocurrency tokens listed on its…
The post Binance Cuts GALA and PERP Pairs: Low Trading Activity Cited appeared first on Coin Edition.
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Binance Cuts GALA and PERP Pairs: Low Trading Activity Cited
- Binance announced it will delist GALA/BNB and PERP/BTC trading pairs.
- The delisting is part of Binance’s periodic review and adjustments.
- GALA and PERP prices remain adamant after the delisting announcement.
Binance has announced its decision to delist the GALA/BNB and PERP/BTC trading pairs from its spot trading platform. In their blog post, the exchange clarified that the removal of these specific spot trading pairs will not impact the overall availability of the GALA and PERP tokens on the Binance spot market.
According to the announcement, Binance users will still be able to trade the base and quote assets of these pairs through other trading options available on the platform. However, Binance also stated that it will be terminating any spot trading bots that are currently linked to the trading pairs slated for delisting.
The exchange is advising users who have active bots to adjust their trading strategies accordingly to avoid any potential losses that might occur when the pairs are officially removed.
Why is Binance Removing These Trading Pairs?
It is worth noting that Binance regularly reviews the various cryptocurrency tokens listed on its…
The post Binance Cuts GALA and PERP Pairs: Low Trading Activity Cited appeared first on Coin Edition.
Read More