Binance, the leading cryptocurrency trading platform, has announced the removal and discontinuation of trading for several spot trading pairs. SHIB/GBP, ALPHA/BNB, ASTR/ETH, CELR/ETH, and DAR/ETH are among the pairs.
These changes are scheduled to go into effect on January 6 at 3:00 a.m. UTC for some pairs and 7:00 a.m. UTC for others. Binance also intends to discontinue strategy trading services for the aforementioned spot trading pairs at the same time they remove them from their platform.
This announcement warns users who may be using strategy sandboxes or automated trading strategies as they must update or cancel them before the service is terminated to avoid potential losses. Users will, however, be able to access the tokens available in these spot trading pairs via other trading options on Binance’s platform.
Binance claims that removing the aforementioned trading pairs will provide a better experience for its users. Shiba Inu is now the 16th largest cryptocurrency by market capitalization, having surpassed Solana (SOL).