Binance.US Reduces Number of Trading Pairs Removed to 10 Amid Lawsuit Backlash
Binance.US, the U.S.-based subsidiary of cryptocurrency exchange Binance, has revised its decision regarding the delisting of trading pairs in response to a recent lawsuit filed by the Securities and Exchange Commission (SEC). In an update to its earlier announcement, the exchange stated that it will now only remove 10 trading pairs.
After taking into consideration feedback from the community, Binance.US has decided not to eliminate any USDT Advanced Trading pairs. This means that all cryptocurrencies and USDT pairs will remain available for trading. The removal of certain BTC and BUSD Advanced Trading pairs, listed below, will be the extent of the delisting:
- ATOM/BTC
- BCH/BTC
- DOT/BTC
- LRC/BTC
- MANA/BTC
- UNI/BTC
- VET/BTC
- XTZ/BTC
- HBAR/BUSD
- ONE/BUSD
Initially, Binance.US had intended to delist approximately one-third of its total trading pairs. Additionally, the exchange has decided to temporarily suspend its OTC Trading Portal, which facilitates off-exchange trading between buyers and sellers without utilizing a public order book.
Binance.US reassures its users that their assets are secure and unaffected by these changes. Deposits and withdrawals continue to function normally during this time, ensuring a seamless experience for traders.
Also Check: SEC Alleges Binance and Its US Affiliate Diverted Billions in Customer Assets to Zhao’s Funds
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