Earnings Binance Update Affects Bitcoin (BTC) and Ethereum (ETH) Traders: Details

TL; DR

Binance will halt trading for six pairs, including BTC/AEUR and ETH/AEUR, starting July 5, possibly due to poor liquidity or other reasons. Despite canceling some pairs, the company has added new ones like WIF/BRL and ZK/USDC, although these are not available to users in certain regions.

Binance's latest move

The world's largest cryptocurrency exchange – Binance – license Termination Trading services for the following six pairs: BTC/AEUR, ETH/AEUR, AI/TUSD, CHR/BNB, GAS/FDUSD and LQTY/FDUSD. The amendments will be effective from July 5.

The organization He did not deliver. A valid reason for the listing effort, noting that it regularly evaluates all listed spot trading pairs and excludes poor funding or other factors.

Most of the Touched cryptocurrencies are in the red today (July 3). Their poor performance coincides with a general decline in the sector. According to CoinGecko, the global crypto market capitalization stands at around $2.35 trillion.

as a Cryptopotato reportedthe price of Bitcoin (BTC) returned to $60,000, while Ethereum (ETH) fell to $3,300.

As opposed to stopping services some Existing trading pairs, Binance soon included Some new ones in his forum. WIF/BRL, ZK/USDC, and ZRO/USDC were added to Binance Spot. It should be noted that the service is not available to all customers.

“Currently, users living in the following countries or regions cannot trade this The place mentioned above Trading partner(s): Canada, Cuba, Crimea region, Iran, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, US Virgin Islands) and any non-Ukrainian states. Areas”

Previous Binance announcements

The exchange has implemented several similar changes since the beginning of the year. last month, remained Trading services with the following pairs: ALPACA/BTC, NFP/TUSD, MDX/BTC, QUICK/BTC, and XAI/BNB

A few months ago, Binance stopped all operations involving Monero (XMR). It was the move. followed Price crash for popular privacy coin.