Influencing LINA, IOST and AMB, Binance to Delist Multiple Spot Trading Pairs Amid Periodic Review

Binance,
a
leading
cryptocurrency
exchange,
has
announced
the
removal
of
several
spot
trading
pairs,
including AMB/BTC,
IOST/BTC,
LINA/BTC,
as
part
of
its
periodic
review
process.
The
delisting
is
set
to
take
effect
on
July
6,
2024,
according
to
an
official
announcement
from
Binance.

Reasons
for
Delisting

Binance
conducts
regular
reviews
of
all
listed
spot
trading
pairs
to
ensure
a
high-quality
trading
environment
for
its
users.
Factors
such
as
poor
liquidity
and
low
trading
volume
are
critical
considerations
for
delisting.
This
routine
evaluation
aims
to
protect
users
and
maintain
market
integrity.

Details
of
the
Termination

In
line
with
the
upcoming
delisting,
Binance
will
also
terminate
Spot
Trading
Bots
services
for
the
affected
pairs
at
03:00
UTC
on
July
6,
2024.
Users
are
advised
to
update
or
cancel
their
Spot
Trading
Bots
to
prevent
potential
losses.
The
exchange
has
emphasized
the
importance
of
users
taking
timely
action
to
mitigate
any
financial
risks
associated
with
the
termination.

Potential
Discrepancies
in
Translations

Binance
has
issued
a
disclaimer
noting
that
there
may
be
discrepancies
in
translated
versions
of
the
announcement.
Users
are
encouraged
to
refer
to
the
original
English
version
for
the
most
accurate
and
up-to-date
information.

Related
News:
MiCA
Compliance

In
a
related
update,
Binance
has
also
reminded
users
about
the
upcoming
MiCA
(Markets
in
Crypto-Assets)
requirements
effective
June
30,
2024.
Unauthorized
stablecoins
will
face
certain
restrictions
for
EEA
users.
This
regulatory
compliance
is
part
of
Binance’s
broader
effort
to
align
with
international
standards
and
regulations.

For
the
official
announcement
and
additional
details,
visit
the

Binance
website.

Binance
reserves
the
right
to
amend
or
cancel
this
announcement
at
any
time
without
prior
notice.
Users
are
advised
to
stay
informed
through
official
Binance
channels.

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source:
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