The world’s largest crypto exchange Binance on Friday said it is delisting some crypto trading pairs from Binance Spot. Binance is delisting some key cryptocurrencies including Uniswap (UNI), Optimism (OP), and BakeryToken (BAKE). Users will not be able to trade these cryptos in some trading pairs, impacting the price momentum.
The crypto exchange usually delists spot and margin trading pairs due to multiple factors, such as poor liquidity and trading volume or lack of demand for some pairs.
Binance Announces Delisting Of Key Spot Trading Pairs
Crypto exchange Binance in an official announcement on April 10 revealed 6 crypto spot trading pairs to be listed from the platform. The exchange said the move is part of its periodic reviews of all listed spot trading pairs it conducts to protect users and maintain a high-quality trading market.
Binance will remove and cease trading on the spot trading pairs — BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, and UNI/BNB.
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