Mithat Can Kartlaşmış 
The world’s leading cryptocurrency exchange, Binance, is preparing to take a major step in the cryptocurrency market. The platform has announced that it will remove the trading pairs of six popular altcoins from spot trading. It announced that these assets are Biswap (BSW), Kava (KAVA), Secret (SCRT), Synthetix (SNX), UniLend Finance (UFT) and Wanchain (WAN).
Binance ‘s Delisting Procedures and Date
According to Binance’s official announcement, this delisting decision will come into effect at 06:00 on February 2. The trading pairs of BSW/BNB, KAVA/ETH, SCRT/ETH, SNX/BNB, UFT/ETH and WAN/ETH, which will be delisted, will be removed from spot trading and the trading bots associated with these trading pairs will also be closed at the same time.
Binance explained the reasons behind this radical decision to users. The platform stated that the delisting decision is part of its strategy to optimize trading pairs and improve overall user experience. It emphasized that such strategic adjustments are necessary for exchanges to maintain their competitive advantage and provide safer, faster and more efficient services to their users.