Binance Delists SHIB/TUSD Trading Pair, But Still Supports Eight Other Shiba Inu Pairs

Leading cryptocurrencyexchange Binance has announced plans to list a pair of trading pairs related to dog-themed token Shiba Inu (SHIB).

Refined content:

Large cryptocurrencyexchange Binance has announced plans to remove trading pairs related to Dogecointhemed token Shiba Inu (SHIB). As mentioned in a blog post on June 27th, Binance will delist the SHIB/TUSD trading pair on June 28th at 3:00AM (UTC). This move is in line with the exchange’s policy of regularly reviewing all spot trading pairs to ensure user protection. After these reviews, exchanges will typically delist trading pairs with lower liquidity and volume. Therefore, it decided to remove the SHIB/TUSD trading pair due to its low volume or liquidity. Data from Binance shows that the minimum 24-hour trading volume for the SHIB/TUSD trading pair is $17,577, equivalent to more than 992 million SHIB tokens. Binance noted that it will continue to discontinue SHIB/TUSD’s Spot Trading Robot service on June 28. Therefore, users are advised to adjust or cancel their Trading Robot for SHIB/TUSD to avoid potential losses. It is worth mentioning that this is not the first time Binance has removed the Shiba Inu trading pair. In 2022, Top ExchangeremovedSHIB/BUSD Margintrading pair as part of a plan to no longer support BUSD stablecoin.

Binance still supports other SHIB spot trading pairs

Despite the upcoming removal of SHIB/TUSD, Binance will continue to support eight other Shiba Inu trading pairs, including SHIB/USDT, SHIB/FDUSD, SHIB/USDC, SHIB /EUR, SHIB/TRY, SHIB/BRL, SHIB/DOGE and SHIB/JPY. This shows that Binance users can still trade SHIB in the above trading pairs . In addition to SHIB/TUSD, Binance also announced plans to launch several other crypto spot trading pairs on June 28th at 3:00AM (UTC) . Affected Trading pairs include BLUR/FDUSD, MEME/ETH, LINK/TUSD, OSMO/BTC, NFP/BNB and METIS/FDUSD. At the same time, this decision has not had a negative impact on SHIB’s price action. At press time, SHIB is trading at $0.00001750, up 0.63% in the past 24 hours. The token has been heavily impacted by the recent market decline , with current trading volume of $355.51 million.

The above is the detailed content of Binance Delists SHIB/TUSD Trading Pair, But Still Supports Eight Other Shiba Inu Pairs. For more information, please follow other related articles on the PHP Chinese website!