![]() The delisting is a part of Binance's ongoing efforts to provide a secure and efficient trading environment. Traders are advised to adjust their strategies accordingly and to be aware of the upcoming changes to avoid any financial setbacks. Binance also encourages users to convert BUSD to other Stablecoins pior to February 2024. While the delisting of a spot trading pair does not affect the availability of the tokens on Binance Spot, it does limit the trading options for users. Users have the option to trade their BUSD balances for FDUSD at zero trading fees or convert their BUSD balances to FDUSD at a 1:1 ratio using the convert portal. Interestingly, the announcement also encourages users to convert their BUSD assets into other available assets on Binance before February 2024. Users are "strongly advised to update and/or cancel their Spot Trading Bots prior to the cessation of Spot Trading Bots services to avoid any potential losses." The delisting is attributed to "multiple factors, such as poor liquidity and trading volume," but specific data points were not disclosed.īinance will also terminate Spot Trading Bots services for the affected trading pairs at the corresponding times. The announcement was made on September 6, 2023, and the changes will take effect on September 8, 2023, at various times throughout the day.Īccording to the official announcement, the delisting will occur in three phases:Īt 05:00 (UTC): AUDIO/BUSD, BAT/BUSD, BSW/BUSD, CITY/BUSD, CVX/BUSD, FORTH/BUSD, JUV/BUSD, MOB/BUSDĪt 07:00 (UTC): OGN/BUSD, OMG/BUSD, PLA/BUSD, POLS/BUSD, REI/BUSD, RSR/BUSD, SCRT/BUSD, TVK/BUSDĪt 09:00 (UTC): ADA/BIDR, MATIC/BIDR, UTK/BUSD, ZIL/BIDR With the aiming at maintaining market quality and protecting users, Binance, one of the world's leading cryptocurrency exchanges, has announced the delisting of several spot trading pairs. * Users advised to update or cancel their Spot Trading Bots to avoid potential losses. * The delisting is part of Binance's periodic review to ensure a high-quality trading market. * Binance to delist a total of 22 spot trading pairs on September 8, 2023.
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