Binance Delists ADA, AEVO, AST, and MANTA Trading Pairs Citing Market Factors and Liquidity Concerns

Four trading combinations involving ADA, AEVO, AST, and MANTA will be delisted by the crypto exchange Binance as the market prepares for a rebound.

Binance, the world's largest cryptocurrency exchange by trading volume, has announced the delisting of four trading pairs — ADA/TUSD, AEVO/BNB, AST/BTC, and MANTA/BNB — effective August 2. The decision was made based on market factors, including trading volume and liquidity, to ensure the maintenance of high-quality trading markets on the platform.

Four cryptocurrencies will be delisted from BTC, BNB, and TUSD trading pairs on Binance. The exchange announced in a statement on August 2 that the following pairs will be delisted due to market factors: ADA/TUSD, AEVO/BNB, AST/BTC, and MANTA/BNB. These factors play a role in determining the exchange's ability to provide users with trading markets of the highest possible quality. The platform generally operates on the basis of lower liquidity and trading volumes.

The exchange then issued an announcement advising users to take specific actions to avoid losses. Users can continue trading ADA and other tokens that affect other pairings if they are listed on the platform.

“Delisting a spot trading pair will not affect users’ ability to trade its corresponding tokens on the Binance spot platform (if applicable). Users can still trade the underlying assets and quoted assets of the spot trading pair on other trading pairs provided by the Binance platform.” Binance to Cancel Trading Bots for Delisted Pairs, Ensuring Optimal Trading Experience

The crypto exchange will cancel the trading bot service that applies to the listed pairs. Users are advised to cancel the bots before the related services are terminated. Token listings and delistings have a broader impact on the asset community given that Binance is the largest exchange in the world by trading volume.

While most users would be inclined to disagree with seeing trading pairs get delisted, some believe that it is for the greater good of the trading experience, as reported by CoinGape. Several traders may face delays due to pairs having low liquidity, which can lead to unnatural price action. The ADA community, despite recent partnerships and developments, remains engaged on social media platforms as the asset continues to gain momentum. Binance Labs, on the other hand, continues to support the crypto market on behalf of the exchange by introducing new initiatives.

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