Claim $500Binance Removes More Cardano (ADA) And Polygon (MATIC) Pairs
The world’s largest crypto exchange Binance on Wednesday announced the removal of more Cardano (ADA) and Polygon (MATIC) pairs. The crypto exchange will remove and cease trading of 20 crypto pairs against BUSD and BIDR. Binance delisting and removing of Cardano and Polygon spot, margin, and perpetual trading pairs increased after the SEC and CFTC lawsuits.
Binance Announces Cardano, Polygon, and Other Crypto Removal
Crypto exchange Binance in an official announcement on September 6 revealed the plan to remove and cease trading on 20 spot trading pairs. Binance periodically adds and removes crypto from its products and services. However, the U.S. SEC and CFTC lawsuits and regulatory challenges have forced Binance to make these changes more frequently.
“To protect users and maintain a high quality trading market, Binance conducts periodic reviews of all listed spot trading pairs, and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume.”
Binance to remove Cardano (ADA), Polygon (MATIC), and Zilliqa (ZIL) against BIDR pairs on September 8 at 09:00 UTC.
In addition, the exchange will delist AUDIO/BUSD, BAT/BUSD, BSW/BUSD, CITY/BUSD, CVX/BUSD, FORTH/BUSD, JUV/BUSD, MOB/BUSD, OGN/BUSD, OMG/BUSD, PLA/BUSD, POLS/BUSD, REI/BUSD, RSR/BUSD, SCRT/BUSD, and TVK/BUSD on September 8.
Users need to update or cancel their spot trading bots before the cessation of these pairs to avoid any potential losses. It also suggest users to trade to convert their BUSD to FDUSD stablecoin before February 2024.
On August 17, Binance delisted Cardano (ADA) And Polygon (MATIC) perpetual contacts in BUSD pairs. Moreover, the exchange removed Cardano (ADA), Polygon (MATIC), and 37 other liquidity pools on September 1.
Meanwhile, Binance plans to make changes to its zero-fee Bitcoin trading for BTC/TUSD spot and margin trading pair. The move may likely trigger another major selloff as trading volumes will take a hit similar to a 90% trading volume fall after the termination of zero-fee trading by Binance in March.
Also Read:
- Judge Faruqui Approves Joint Stipulation Filed By BinanceUS And US SEC
- Court Filing Hints At Contents Of US SEC’s Secret Filing In Binance Lawsuit
- Massive Jump In LUNC And LUNA Trading Volumes Ahead Terra Classic Core Upgrade
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal 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.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Breaking: U.S.-China Tensions Heat Up as China Imposes New Sanctions; Bitcoin Falls
- BlackRock Hints at a Big Sell-Off As $27B In Crypto Options Expire
- Aave DAO vs Labs: Aave Founder Pledges Clearer Economic Alignment as DAO Rejects Brand Asset Transfer
- Universal Exchange Bitget Partners UNICEF to Equip Youths to Thrive in the Digital Economy
- Will Crypto Market Crash as Over $27B in Bitcoin, ETH, XRP, SOL Options Expire Today?
- Cardano Price Eyes a 40% Surge as Key DeFi Metrics Soar After Midnight Token Launch
- FUNToken Price Surges After MEXC Lists $FUN/USDC Pair
- Bitcoin Price on Edge as $24B Options Expire on Boxing Day — Is $80K About to Crack?
- Crypto Market Rebounds: Are Bulls Positioning for a Santa Rally?
- XRP, Bitcoin, Ethereum Price Predictions Ahead of Jan 2026 CLARITY Act and US Crypto Reserve Plans
- Pi Network Analysis: Pi Coin Price Surges on Christmas Eve, Can It Hit Year-End Highs?
