Binance’s Latest Move: SHIB, LUNA, ADA Pairs Removed – What It Means for Traders

Binance’s Latest Move: SHIB, LUNA, ADA Pairs Removed – What It Means for Traders

Binance is delisting several crypto margin trading pairs with BUSD, including popular ones like ADA and SHIB, effective November 9, 2023.
The exchange plans to phase out the BUSD stablecoin by February 2024, signaling a shift in its market strategy.
Binance has confirmed the forthcoming delisting of numerous crypto margin trading pairs. Linked to major altcoins, including Shiba Inu (SHIB), Terra (LUNA), and Cardano (ADA). This action aligns with its recent strategic adjustments and a pivot away from its stablecoin, Binance USD (BUSD), scheduled by February 2024.
Margin Trading Pairs Face Delisting
The trading giant has identified liquidity conditions as the driver behind the delisting decision. Pairs to be removed include notable combinations with BUSD, such as ADA/BUSD, DOGE/BUSD, and MATIC/BUSD. The exchange has set the deadline for the termination of support for cross-margin and isolated-margin trading pairs by November 9, 6:00 a.m. UTC.
The cessation of services begins with a suspe

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