Binance To Remove NOT/BTC Trading Pair Amid Compliance Check Concerns

Highlights

Binance revealed plans to delist NOT/BTC trading pair today.
The decision comes as the listing process encountered a hurdle due to Binance's compliance check.
A brief report on Notcoin and Bitcoin price movements.

The latest update from Binance, one of the world’s leading cryptocurrency exchanges, has sparked a lively discussion in the global crypto community. In an official statement released today, May 16, the firm revealed that it is removing the NOT/BTC trading pair, aiming to offer users a better trading experience.

This decision, coming as Notcoin is gaining immense popularity, has sparked a tidal wave of speculation among the token’s investors, who are speculating over the crypto’s future price movements. Here’s a closer look at Binance’s announcement and its potential implications for Notcoin.

Binance To Remove NOT/BTC Trading Pair

Aligning with Binance’s announcement, the NOT/BTC trading pair, which was initially set to be listed on May 16 at 12:00 UTC, is now being removed from the platform. This decision surfaces in tandem with another event that unfolded orbiting Notcoin (NOT) crypto.

According to Notcoin’s community’s post on X today, some deposits of Notcoin to Binance were declined. This happened due to Binance’s compliance check.

Although users will receive their balance on ‘t.me/notcoin_bot‘ soon, as clarified by the crypto’s community, the sudden and abrupt halting of the NOT/BTC trading pair has taken the crypto market by storm. Meanwhile, Notcoin also claimed to have been working closely with Binance to resolve the issue.

Further, amid the abovementioned saga, the NOT token has embarked upon a slumping price trajectory.

Also Read: Elon Musk Lauds Grok AI Launch In Europe But There’s A Catch

NOT Price Tumbles

As of writing, the NOT token’s price trajectory has plunged phenomenally, dipping 51.03% today. The token currently rests at $0.007077, boasting a market cap of $727.22 million. Further, its 24-hour lows and highs are $0.006887 and $0.01445, respectively.

In the interim, Bitcoin (BTC) traded at $65,891.68 today, up 2.75% in the past 24 hours. The token’s market cap was evaluated to be $1.29 trillion, whereas its 24-hour trading volume stood at $36.70 billion.

Also Read: India SEBI Recommends Regulators Oversee Crypto Trade Amid RBI’s Tightened Grip

Recommended
Price Analysis

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.