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Binance, the world’s leading cryptocurrency exchange, announced that it would delist nine coin pairs from spot trading On Wednesday, January 10, 2024.
The affected pairs are:
- CITY/BTC
- COS/BNB
- COTI/BNB
- FLOKI/TUSD
- FUN/BNB
- HIFI/ETH
- LTC/UAH
- MULTI/BTC
- PSG/BTC
Binance said that the delistings were made after a “careful review” of the coin pairs. The company said that the delistings were necessary to “protect users and maintain a high-quality trading market.”
Also, the cryptocurrency exchange said that users who hold tokens in the affected coin pairs will have until January 12, 2024, to withdraw their tokens. After that date, the tokens will be permanently removed from Binance’s platform.
Binance also said that the delistings would not affect the availability of the underlying tokens. Users will still be able to trade the tokens on other exchanges.
Binance’s decision to delist the nine coin pairs is a significant move. It is the first time that Binance has delisted so many coin pairs at once. The delistings are likely to have a ripple effect across the cryptocurrency market.