Binance Removes Several Low-Volume Altcoin Trading Pairs

Marco Verch / Flickr

Binance, the world’s largest crypto exchange, is making moves to further improve the quality of its platform by delisting a number of low-volume altcoin trading pairs.

According to a recent announcement, Binance has delisted the following altcoin pairs as of Friday: ATOM/PAX, BTS/BNB, CVC/BNB, ETC/PAX and REP/BNB.

Binance notes that it made the decision to remove these pairs to “improve liquidity and user trading experience among our wide range of available assets,” meaning the trading pairs simply were not being used enough.

This is to be expected, as some Binance Coin (BNB) and stablecoin pairs have had very thin order books that result in significant slippage whenever trades are made.

While Binance’s main platform is removing underused trading pairs, Binance.US, is rapidly adding new altcoins. Earlier this week, the new American exchange added support for NEO (NEO), Cosmos (ATOM) and Waves (WAVES), bringing the total listings to more than twenty.

US investors can help support our publication and earn $15 by signing up for Binance.US through this link.

More: Notice of Removal of Trading Pairs – 2019/11/01
Image: Marco Verch / Flickr

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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